KKR exploring investment in Thames Water share plan, Sky News reports

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Nov 2 (Reuters) - U.S. investment group KKR KKR.N is in talks with the UK's Thames Water and its advisers about participating in a 3 billion pounds ($3.88 billion) share sale which forms part of a wider recapitalisation plan, Sky News reported on Saturday.

KKR is among a small number of investors studying Thames Water's finances with a view to supporting a rescue share sale for Britain's largest water company, the report said, citing people familiar with the matter.

($1 = 0.7736 pounds)

(Reporting by Mrinmay Dey in Bengaluru; editing by Jason Neely)

((mrinmay.dey@thomsonreuters.com; +91 7362903319;))

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