Kuwait Investment Co

Entity type image
Type: Company
Name: Kuwait Investment Co (Kuwait Investment Company)
First reported Jun 16 2013 - Updated Jun 16 2013 - 1 reports

Track Learning Solutions launches Seminar4Success at Marina Hotel Kuwait

Track Learning Solutions Successfully launched Seminar4Success at Marina Hotel Kuwait and Announced Innovative Learning Award 2013, As part of its continues efforts in helping organizations achieve their training and business objectives, Track Learning ... [Published AME Info - Jun 16 2013]
First reported Jun 13 2013 - Updated Jun 13 2013 - 1 reports

Company's takeover possibility

WATER company Severn Trent has confirmed that it has received an approach with a view to a possible takeover.The company, which supplies water and sewerage services to nearly four million homes across the Midlands, said it had received a proposal from ... [Published Retford People - Jun 13 2013]
First reported Jun 13 2013 - Updated Jun 13 2013 - 1 reports

Severn Trent shares fall

Shares in Severn Trent have fallen after a multibillion-pound takeover bid for the water company was scrapped.The LongRiver consortium, made up of Canadian pension fund Borealis Infrastructure Management, the Kuwait Investment Office and Universities ... [Published Insider Media Limited - Jun 13 2013]
First reported Jun 13 2013 - Updated Jun 13 2013 - 1 reports

Borealis backs off Severn Trent

THE consortium bidding for water utility Severn Trent has abandoned its offer.LongRiver, made up of partners led by Borealis Infrastructure Management, includes the Kuwait Investment Office and Universities Superannuation Scheme.Severn Trent rejected ... [Published Nottingham Post - Jun 13 2013]
First reported Jun 09 2013 - Updated Jun 10 2013 - 6 reports

Borealis consortium exits talks to buy Severn Trent Water

An investor consortium comprising Canada’s , sovereign wealth fund the Kuwait Investment Office and institutional investment group the Universities Superannuation Scheme have decided to walk away from UK water utility Severn Trent Water.The consortium, ... [Published New Energy World Network - Jun 10 2013]
First reported Jun 08 2013 - Updated Jun 09 2013 - 2 reports

Kuwait-led Longriver Partners offer USD8.2b for UK's Severn Trent

(MENAFN) LongRiver Partners consortium stated that it increased its offered figure to buy Severn Trent to USD8.2 billion, reported Arabian Business.The consortium is ... [Published MENAFN - Jun 09 2013]
First reported Jun 07 2013 - Updated Jun 08 2013 - 4 reports

Kuwaiti-led consortium offers £5.3 billion for Severn Trent

Consortium led by a Kuwaiti sovereign fund raises its offer for water company Severn Trent to 5.3 billion British pounds, sending the company's share prices upA consortium led by a Kuwaiti sovereign wealth fund and two pension companies raised its proposed ... [Published Al Ahram - Jun 08 2013]
First reported Jun 03 2013 - Updated Jun 04 2013 - 8 reports

Severn Trent rejects bid

SEVERN Trent has rejected a revised bid from LongRiver, a consortium that included Kuwaiti sovereign funds, valuing the water utility at about £5 billion.LongRiver Partners, a consortium led by Borealis Infrastructure Management, includes the Kuwait ... [Published Nottingham Post - Jun 04 2013]
First reported Jun 03 2013 - Updated Jun 04 2013 - 6 reports

Severn Trent rejects second takeover bid

LongRiver consortium’s revised £5bn offer rejectedUK water supply firm Severn Trent has rejected a second and improved £5 billion takeover bid from the LongRiver consortium, the company said on Monday.The bidding consortium includes the Kuwait Investment ... [Published CFO World - Jun 03 2013]
First reported May 30 2013 - Updated May 31 2013 - 7 reports

Weather washes away firm's cash

UTILITIES company Severn Trent has put a slip in underlying profits down to increased spending on infrastructure and a drop in demand for water due to recent wet weather.The company, which supplies a population of about eight million across the Midlands, ... [Published Stoke-on-Trent Sentinel - May 31 2013]
First reported May 27 2013 - Updated May 27 2013 - 3 reports

Water giant profits slip amid talk of takeover approach

The pursuit of Severn Trent by foreign investors and demand in the DIY sector will interest investors during a quieter week for corporate updates.The latest position on the takeover interest in Severn Trent looks set to dominate the water giant's annual ... [Published Herald Scotland - May 27 2013]
First reported May 26 2013 - Updated May 26 2013 - 5 reports

Fears over foreign push for water firms

New attempts by foreign investors and infrastructure funds to increase their already considerable holdings in Britain’s water industry are causing concern among ministers and regulators. Severn Trent, one of only three remaining quoted water companies, ... [Published Telegraph - May 26 2013]

Quotes

Earlier in the week, the state funds had injected liquidity to offset the downside impact of the court verdict on the bourse. "If anything, the ruling might induce the government to play a bigger role in the market - it's not in anyone's advantage to let go of the year-to-date gains" Reuters quoted Fouad Darwish, head of brokerage at Global Investment House on Monday. Among other gainers, Yiaco Medical rose 15 fils to KD 0...
...lot of shareholders will be very disappointed that the board didn’t engage with the bidding consortium around the mooted price of £22," he told me. "The board could have done something to allow that to be put to investors without necessarily recommending it."
"This may or may not lead to an offer being made for Severn Trent" said a water company spokesman
Borealis added after the deadline for bids passed: "Having reviewed all publicly available information available to it on the company, and in the absence of any meaningful engagement with the Severn Trent board, LongRiver will not increase its pre-conditional offer."

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Kuwait bourse edges lower, volume falls [Published MENAFN - 18 hours ago]
KSE rallies to breach 8000 mark again [Published Arab Times - Jun 18 2013]
KSE index up 24.03 pts as volume soars [Published Arab Times - Jun 17 2013]
Track Learning Solutions launches Seminar4Succe... [Published AME Info - Jun 16 2013]
Severn Trent must work hard to prove its worth [Published Telegraph - Jun 15 2013]
KSE retreats 41.27 pts as volume shrinks [Published Arab Times - Jun 14 2013]
Company's takeover possibility [Published Retford People - Jun 13 2013]
Severn Trent shares fall [Published Insider Media Limited - Jun 13 2013]
Beaufort Securities Breakfast Today including S... [Published Proactive Investors.co.uk - Jun 13 2013]
Borealis backs off Severn Trent [Published Nottingham Post - Jun 13 2013]
Kuwait- KSE retreats 56.95 pts in choppy trade [Published MENAFN - Jun 13 2013]
MARKET REPORT: Sinking feeling at Severn Trent ... [Published NewsRT.co.uk - Jun 12 2013]
MARKET REPORT: Sinking feeling at Severn Trent ... [Published This Is Money - Jun 12 2013]
Severn Trent Shares Nosedive, Merger Arb Funds ... [Published Value Walk - Jun 12 2013]
European Markets Weakened Despite Positive Econ... [Published RTTNews.com - Jun 12 2013]
European Markets Gain Amid M&A Activity [Published RTTNews.com - Jun 12 2013]
LongRiver abandons Severn Trent bid [Published Project Finance Magazine - Jun 12 2013]
Severn Trent Falls Most in 6 Years as $8 Billio... [Published Bloomberg - Jun 12 2013]
UK Market Rises Slightly [Published RTTNews.com - Jun 12 2013]
Wednesday tips round-up: Workspace, Severn Tren... [Published BullBearings - Jun 12 2013]
Severn Trent slumps as foreign bidders walk away [Published BullBearings - Jun 12 2013]
Severn Trent suitor pulls plug on takeover bid ... [Published TheBusinessDesk.com - Jun 12 2013]
Kuwait- KSE rallies 101.39 pts as volume swells [Published MENAFN - Jun 12 2013]
Severn Trent bidders throw in the towel [Published City A.M. - Jun 12 2013]
Consortium drops bid for Severn Trent [Published Daily Express - Jun 12 2013]
Consortium walks from £5bn Severn Trent takeover [Published NewsRT.co.uk - Jun 12 2013]
Consortium walks from £5bn Severn Trent takeover [Published The Scotsman - Jun 12 2013]
Severn Trent board under pressure [Published Telegraph - Jun 11 2013]
SEVERN TRENT PLC : Consortium Walks Away from S... [Published 4 Traders - Jun 11 2013]
Withdrawal of LongRiver's possible offer [Published MoneyAM - Jun 11 2013]
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