Severn Trent Plc

Costain Group Plc exits holding in three joint ventures to UK water firm Severn Trent

UK engineering solutions provider Costain Group Plc exited its minority stake in three joint ventures to publicly traded water utility Severn Trent Plc to raise investment funds and working capital.

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Severn Trent incurred GBP19 million in costs over Canadian-led takeover approach

Severn Trent Plc spent GBP19 million for counselling, legal and related costs in its buyout approach.

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No deal for Severn Trent

The British water company refused negotiations before deadline of bid.

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LongRivers Partners to make new bid for Severn Trent

LongRivers Partners to make a new bid for water utilities firm Severn Trent Plc.

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