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(Bloomberg) The UK government believes Thames Water can avoid falling into public ownership, according to people familiar with the situation, as talks continue with investors to raise more than £1 billion ($1.27 billion).Most Read from BloombergInstagram Unveils Threads App, a Threat to Musk’s TwitterUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China Alte

United kingdomSarah bentleyBloomberg businessweekIain coucherCathryn rossDavid blackAdrian montagueGiulia morpurgoLuca casiraghiChina investment corporationThames waterLondon water crisis exposesBroken britain riskChief executive officer david blackOfwat chair iain coucherOntario municipal employees retirement