The possible buyout proposal came from affiliates of a US equity firm

Good Energy has labelled the bid ‘hostile’ and claims it is an ‘unfit owner with an unsuitable plan’

Its investigation found the transaction would raise no competition concerns in the European Economic Area

Water company Severn Trent has rejected a higher takeover offer worth around £5 billion from a group of international investors. In a statement, the supplier said LongRiver’s interest “fails to reflect the significant long term value” of the company “or to recognise its future potential”. The news follows a previous rejection worth around £4.96 billion […]