Thames Water investors offer ‘golden share’ in bid to head off nationalisation
Investors in Thames Water have proposed granting the UK government a 'golden share' to prevent the nationalization of the utility company. This move would provide ministers with veto power over major corporate decisions and hostile takeovers.
Thames Water serves 16 million customers in London and the Thames Valley. Photograph: Vuk Valcic/Zuma Press Wire/Shutterstock Thames Water serves 16 million customers in London and the Thames Valley. Photograph: Vuk Valcic/Zuma Press Wire/Shutterstock Thames Water 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 control
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