You are currently browsing the Business & Financial News weblog archives for the day Tuesday, October 9th, 2007.

British water canal Southern Water will be sold for $8,53 billion

Consortium of investment funds under control of JPMorgan Chase and Co., into which Australian Challenger Infrastructure Fund enters, have come to the agreement with British bank Royal Bank of Scotland (RBS) upon purchase of water canal Southern Water for 4,195 billion pounds sterling (8,53 billion dollars).
According to the terms of transaction Challenger Infrastructure will receive […]