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Privatization covers transferring ownership or management of utility assets and services from the public to private sector providers, and the related regulatory and procurement frameworks. A solicitor in this area helps structure the sale or split, drafts and negotiates sale and service contracts, advises on competition controls, and coordinates regulatory approvals with bodies such as Ofwat, BEIS and the CMA. They also manage due diligence, risk allocation, and public-interest considerations that arise when transferring essential public services to private operators.
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