Tuesday 17 April 2018

Global investment firm KKR to sell 75% stake in South Staffordshire

Global investment firm KKR to sell 75% stake in South Staffordshire

Global investment company KKR has agreed to sell its 75% equity stake in South Staffordshire.

The latter firm is comprised of South Staffordshire Water, which supplies water to around 1.6 million customers in the UK and a non-regulated business that provides contractual specialist services primarily to the UK water sector.

The non-regulated business includes SSI Services and Echo Managed Services.

The 75% stake will be sold to pension funds and other institutional investors advised by Arjun Infrastructure Partners (AIP).

Written by

Bruna Pinhoni

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