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Thames Water loan deal doesn't break competition rules, UK High Court rules

( February 21, 2025, 13:34 GMT | Official Statement) -- MLex Summary: A loan deal for Thames Water allowing the utility company to borrow up to three billion pounds doesn't breach competition law, the UK High Court has ruled. The company, under a multibillion-pound debt pile, has been seeking a creditor bailout in a bid to avoid insolvency. It has also asked the UK competition regulator to review customer price controls imposed by the UK water regulator.Ruling attached....

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