Chinese takeover of thames water could be blocked ministers could intervene over fears sale of heavily indebted firm could give beijing power to ‘switch off the taps’ The government has been urged to prevent ck infrastructure (cki). Hong kong's ck infrastructure holdings (cki) has emerged as a leading contender to take over thames water and could assume control within weeks if britain's.
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The government is preparing to take over the uk’s largest water company, tackle its huge debts and then find a buyer — which could well be cki Labour has been urged to block a chinese takeover of south east england’s water supplies amid fears it risks giving beijing “the keys to the kingdom”. A chinese infrastructure company could take over thames water amid mounting financial pressures, reports suggest.
A rescue proposal by lenders to thames water has been criticised by other potential bidders, frustrated to have been frozen out of talks on the future of the uk's biggest water.
Thames water could be sold to a chinese infrastructure company after the government places it in temporary public ownership to ' wipe' out much of its £16.8billion debt. A chinese takeover of thames water could be blocked by ministers, the telegraph understands.
