Bristol Water Holdings UK Limited 8.75% CUM IRRD PRF GBP1 (BWRA.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)

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151.00

-1.50

(-0.98%)

At close: 01:09PM BST

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Reuters
UK watchdog may accept Pennon's remedies to allay Bristol Water deal woes
Last month, the Competition and Markets Authority (CMA) said the deal was likely to affect the UK water regulator Ofwat's ability to make comparisons between water companies. Pennon, which offered its remedies at the end of last year, had said proposed undertakings would seek to maintain separate price controls for the Bristol Water region within a merged water business.
Reuters
Pennon Group to offer undertakings to British regulator in Bristol Water deal
Pennon said its proposed undertakings would seek to maintain separate price controls for the Bristol Water region within a merged water business. In June, Pennon bought Bristol Water in a move to expand its South West Water business.
The Independent
Pennon’s takeover of Bristol Water facing competition probe
The deal will be examined to see whether it might reduce competition, the CMA said.