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flag KKR pulls £3 billion investment plan from struggling Thames Water, UK's largest water supplier.

flag US private equity firm KKR has withdrawn its plans to invest £3 billion in Thames Water, the UK’s largest water supplier. flag Thames Water, which owes about £19 billion, is now exploring alternative plans with senior creditors and regulator Ofwat. flag If a rescue deal is not secured, there is a possibility of temporary government nationalization. flag The company is under pressure to stabilize its finances and avoid insolvency.

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