Longriver Abandons $8.2B Severn Trent Offer
June 10 (Bloomberg) -- Bloomberg's Mark Barton reports that Borealis Infrastructure Management, including partners in the LongRiver group, has abandoned an $8.2 billion offer to purchase Severn Trent after the U.K. water utility declined to negotiate with the group. He speaks on Bloomberg Television's "Countdown."
Most Recent Videos
Full Show: Bloomberg Businessweek (03/24)
49:22 - Bloomberg Television takes you behind the scenes of our award-winning magazine "Bloomberg Businessweek." Hosts Carol Massar and Oliver Renick talk with the writers who break news on a weekly basis. (Source: Bloomberg)