The Board of Kelda Group plc, owners of Yorkshire water, notes the movement in its share price and confirmed yesterday that it has received an approach from an infrastructure consortium backed by Citigroup Alternative Investments LLC, GIC Special Investments Pte Ltd Infracapital Partners LP and HSBC Bank plc.
The Consortium has indicated that Kelda shareholders would receive in aggregate £11 per Kelda ordinary share, comprising a cash offer and the right to retain any proposed interim dividend in respect of the period to 30 September 2007.The announcement was made by Kelda Group with the approval of the Consortium with the proviso that ” there can be no certainty that an offer will be made”.
Kelda has retained Greenhill & Co. International LLP and Merrill Lynch International as joint financial advisers in relation to the possible offer. JPMorgan Cazenove Limited is acting as corporate broker and is also providing financial advice to Kelda.Kelda shares leapt by 15 per cent to 1075p after the company confirmed market speculation about the bid approach. A further announcement will be made in due course.
In a TV show that will explain the complex journey of the wastewater treatment process, Lakeside Equipment Corporation is set to feature in US Public Television’s All Access program with Andy Garcia.
Environmental Services & Solutions (ESS) Expo, the UK’s largest environmental event, has released the full speaker programme for its 2025 event, which now features seven shows spanning all corners of the environmental sector, under one roof at the NEC Birmingham.
We are exhibiting at WWEM – Water, Wastewater and Environmental Management Expo, which is one of the eight exhibitions taking place at the NEC, Birmingham 17-18 September 2025 as part of ESS Expo 2025. Please come along and visit us at Stand WW-S60.
Publication of the Independent Water Commission’s Final Report, alongside new legislation and updated national standards, marks a major turning point in the wider adoption of sustainable drainage systems (SuDS) by water companies and developers, according to Alex Stephenson, director, SuDSPlanter.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video. 
What is to be done about the UK’s failing utilities? Listen to Professor Dieter Helm explore the options to tackle the UK’s failing utilities – Thames Water, the Royal Mail and Network Rail in particular.