Showing posts with label Kelda. Show all posts
Showing posts with label Kelda. Show all posts

Monday, 14 April 2014

Another Aussie scoop: SAS swoops on Yorkshire Water

An Australian investment group that manages pensions for the New South Wales police force has secretly purchased a multi-million pound stake in Yorkshire Water, one of Britain's largest water companies.

Top sources down under tell me that in recent weeks the SAS Trustee Corporation, also known as the State Super, bought a 10pc shareholding in Kelda - the company that owns Yorkshire Water - from Citigroup Infrastructure Investors and Infracapital, which is part of FTSE 100-listed insurer Prudential.