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Ofwat statement on Glas Cymru proposal for Welsh water/Dwr Cymru.

Publication: M2 Presswire

Publication Date: 31-JAN-01
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COPYRIGHT 2001 Ingram Investment Ltd.

M2 PRESSWIRE-31 January 2001-UK Government: Ofwat statement on Glas Cymru proposal for Welsh water/Dwr Cymru (C)1994-2001 M2 COMMUNICATIONS LTD

RDATE:31012001

Ofwat announced today that it would not move to block Glas Cymru's plans for Dwr Cymru/Welsh Water if Glas Cymru follows a six-point plan set out by the Regulator.

In the statement

The proposed acquisition of Dwr Cymru Cyfyngedig by Glas Cymru Cyfyngedig published today, Director General of Water Services, Philip Fletcher, said that provided the company signed up to his conditions, Glas Cymru should be allowed to test whether it could...

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