Simpson Thacher is representing Kohlberg Kravis Roberts & Co. L.P. in connection with the sale of a 25% interest in South Staffordshire Plc to Mitsubishi Corporation. The transaction is subject to customary regulatory approvals. South Staffordshire Plc is an integrated services group that operates a regulated water company and provides a range of specialist services, predominantly in the water sector in the United Kingdom. Mitsubishi Corporation is a global integrated business enterprise that develops and operates businesses across various industries, including industrial finance, energy, metals, machinery, chemicals, living essentials and environmental business.

The Simpson Thacher team for the transaction included Alvaro Membrillera, Wim De Vlieger, Adam Wollstein and Paula Querol (Corporate); David Vann and Étienne Renaudeau (Antitrust); and Meredith Jones and Joseph Tootle (Tax).