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please do it in 35 minutes please urgently... I'll give you up vote Question 1 (a) The privatisation of Riverside Water Council occurred in 2008.

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please do it in 35 minutes please urgently... I'll give you up vote

Question 1 (a) The privatisation of Riverside Water Council occurred in 2008. After it was privatised, it is called Riverside Water plc (RW). The most important motivation for this privatisation other than political factors was to enable RW access to private financing opportunities. In the 1990 s, the federal government's control of investment expenditure had yielded relatively low capital expenditure levels. Hence, a huge amount of investment was needed so that the firm can comply with stricter water quality laws. When the firm was privatised, investment banks valued it at 200 mill. The shares were traded in the quantity of 200 million ordinary equity (face value 50p ), fully sold and paid for at 1 per share. The equity achieved a premium of 40% on the 1st day of trading of the stock market. Required: How will the goals of a firm like Riverside/RW change when it changed from a public firm to a private enterprise

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