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flag Castle Water’s revised bid offers £1B+ to save Thames Water from nationalisation amid debt and pollution crises.

flag Castle Water has made a revised bid to acquire Thames Water, offering at least £1 billion in additional funding to address the utility’s £17bn-£20bn debt and severe pollution issues. flag The proposal, backed by the Pears family, aims to stabilize the company serving 16 million customers and prevent nationalisation. flag Creditors, including the London & Valley Water consortium, are pushing for urgent investment, with some calling for up to £5bn in funding. flag Ofwat continues reviewing proposals to ensure they improve financial stability and environmental performance. flag Talks are ongoing with regulators, senior creditors, and stakeholders, with a deadline approaching to secure a market-led recapitalisation before year-end.

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