Thames Water receives takeover offer from Covalis Capital | Money News Aitrend

Thames Water receives takeover offer from Covalis Capital | Money News

 Aitrend

The UK’s biggest water supplier has received another offer, despite declaring itself ‘non-investable’. The latest bid for Thames Water came from infrastructure investor Covalis Capital, which would use French utility Suez, the company confirmed on Friday morning. If agreed, the supplier could be split into smaller companies, the Financial Times reported, and Suez would be … Read more

Direct Line prepares to accept Aviva’s sweetened takeover offer | Money News Aitrend

Direct Line prepares to accept Aviva’s sweetened takeover offer | Money News

 Aitrend

One of the UK’s biggest insurers could become even bigger as Direct Line looks set to accept a sweetened £3.61bn takeover offer from Aviva. This is not the first time Aviva has attempted to buy Direct Line, which includes the Churchill and Privilege brands. Last month was £3.3bn bid was rejected for being “highly opportunistic” … Read more