Coventry-based water company Severn Trent, has rejected a preliminary takeover offer from several international investors, including Borealis infrastructure and the Kuwait Investment Office, saying the offer undervalued the business.
"The board of Severn Trent has reviewed the proposal with its advisers and concluded that it completely fails to recognise the existing and potential value of Severn Trent," the company said.
On Tuesday, the water company announced it had received a takeover approach. Financial News magazine reported that it could be around £5billion.
More top news
The husband of Claire and father of Charlotte suffered gun wounds to the head, described by the pathologist as "self-inflicted".
The weapons will now be used as part of a ‘Knife Angel’, a 26ft high sculpture against violence and aggression.
Anecdotal evidence shows that doing something creative can help people living with the disease, and even prompt them to remember things.