Following the recent press speculation concerning the possibility of an offer, water utility company Severn Trent Plc (SVT.L) said it received an approach with a view to making a proposal from a consortium made up of Borealis Infrastructure Management Inc., the Kuwait Investment Office and Universities Superannuation Scheme Limited. This may or may not lead to an offer being made for Severn Trent.
However, Severn Trent noted that this approach is at a very early stage, no proposal has been made and there can be no certainty that an offer will be made or as to the terms of any such offer, should one be forthcoming.
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