Thames Water investors offer ‘golden share’ in bid to head off nationalisation
Move would give government veto over big decisions and hostile takeovers, after Burnham’s call for greater public controlBusiness live – latest updatesThe group of investors pursuing a rescue bid for Thames Water have offered the government a “golden share” in…
By · July 21, 2026 · 1 min read
This article was originally published by
The Guardian World
and is republished here under license.
Move would give government veto over big decisions and hostile takeovers, after Burnham’s call for greater public control
The group of investors pursuing a rescue bid for Thames Water have offered the government a “golden share” in a last-ditch attempt to convince Andy Burnham not to nationalise Britain’s biggest water company.
London & Valley Water (L&VW), a consortium of 100 institutional investors that hold £17bn of the company’s £21bn debt, said it recognised the new prime minister wanted greater public control and to strengthen the accountability of the water company.
Leave a Reply