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Severn Trent To Be Taken Over?

The UK water supplier, Severn Trent, have said that investors are interested in buying the company.

Severn Trent provide water to 7.7 million people in the West Midlands and areas in Wales. This news has seen shares in the company jump up by 15%. It has been said that a bid could be worth up to £5.3 billion.

The international investors include the Kuwaiti government investment fund and a Canadian infrastructure company.

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