South West Water head stays on

Click to follow
The Independent Online
South West Water's pounds 115,000 a year chairman and chief executive Keith Court has decided not to leave at the end of April, as planned, but to stay on and see the company through the expected pounds 700m bid from Wessex Water.

This heightened expectations that the company would fight the bid, which cannot be formally tabled until after the Monopolies Commission reports on the plan.