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Revenues were 1.56bn, up from 1.51bn, while underlying pre tax profits fell from 329.2m to 327m.

Shares in water company United Utilities have raced to a four year high, fuelled by a flood of speculation that the Warrington based business could become a Womens Air Huarache Run Ultra

delivering more than 200,000 readers in Greater Manchester.

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If you feel we have made an error in a report, or have fallen below our usual high standards, please write in the first instance to: Rob Irvine, editor, Manchester Evening News, Mitchell Henry House, Hollinwood Avenue, Chadderton, Oldham OL9 8EP.

Liberum Capital, said: "The rationale is there and I would not completely discount the possibility of United Utilities being sold.

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The business, which is the north west's only FTSE 100 company, saw a small drop in profits in the 12 months to September 30 last year as it ramped up investment in customer service and infrastructure

There is also speculation about interest from China Investment Corporation, the Chinese sovereign wealth fund, and private equity house Kohlberg Kravis Roberts.

business audience with 12,687 copies every Thursday.

The government recently published a draft Nike Air Huarache Run Ultra Breathable – Black Water Bill which outlined plans to make it easier for water companies in the UK to merge, new players to enter the market and for customers to switch suppliers.

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takeover target.

Utilities analyst Guillaume Redgwell, of broker Nike Huarache Ultra Run Grey

"In the long term we see it as a possibility that all UK water companies will go private, because history has shown us that institutional investors like pension funds are willing to pay a higher premium for these type of businesses than the market is."

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United Utilities shares surge following takeover speculation

Greater Manchester Business Week is the region's number one provider of business news andfeatures, targeting a bespoke Air Huarache

Nike Air Huarache Run Ultra Breathable – Black

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A United Utilities spokesman declined to comment on the speculation.

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Free morning newspaper, The Metro, published every weekday, is also part of our portfolio,

Nike Air Huarache Run Ultra Breathable – Black

Nike Air Huarache Run Ultra Breathable – Black

A number of UK water firms have overseas owners, most recently Northumbria Water, which was bought by Hong Kong based billionaire Li Ka shing for 2.41bn in August last year.

UU is the UK's largest listed water company, supplying 3.2 million homes and businesses in the north west, and was formed in 1995 through the merger of North West Water and NORWEB.

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UU's shares closed yesterday at 722.5p, a rise of 4.86 per cent or 33.5p, amid rumours that overseas investors are looking at the firm with a view to buying it and breaking it up.

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