Macquarie Asset Management Acquires Majority Stake in Southern Water

August 9, 2021

Macquarie Asset Management has agreed to acquire a majority stake in Southern Water Services Limited and will invest over £1 billion of new equity to recapitalise the business. The capital will strengthen Southern Water’s balance sheet and fund a multi-year £2 billion investment programme to reduce leaks and pollution incidents, improve customer service, and boost financial resilience.

Buyers
Macquarie Asset Management
Targets
Southern Water Services Limited
Sellers
Existing shareholders of Southern Water
Industry
Utilities
Location
West Sussex, United Kingdom
Transaction Type
Recapitalization

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