Severn Trent Surges to Record on Potential Offer

Severn Trent Surges to Record on Potential Offer Play

May 14 (Bloomberg) -- Bloomberg Markets Editor Manus Cranny reports that Severn Trent Plc jumped to a record price after being approached for a deal by a group comprised of Borealis Infrastructure Management Inc., the Kuwait Investment Office and Universities Superannuation Scheme. He speaks on Bloomberg Television's "The Pulse."

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