Water Utilities M&A » By The Online Investor Staff, updated Sat., Aug. 13, 12:28 PM
Recent mergers and acquisitions in the Water Utilities M&A category.
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Slide #3. California American Water — Operating Assets of Dunnigan Water System
Acquirer:
California American Water (NYSE:AWK)
Acquiree:
Operating Assets of Dunnigan Water System
Details:
California American Water has entered into a purchase agreement to acquire the operating assets of Dunnigan Water Works and assume the responsibility for the provision of water and wastewater services within Dunnigan Water Works' service area in Yolo County. Dunnigan Water Works is an investor owned Class D Water Utility, regulated by the California Public Utilities Commission (CPUC).
American Water Works is a holding company. Through its subsidiaries, Co. is a publicly-traded water and wastewater utility company. Co. provides drinking water, wastewater and other related services to people in various states. Co.'s Regulated Businesses involve the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers. Co.'s Market-Based Businesses provide water and wastewater services to the U.S. government on military installations, as well as municipalities, and utility customers.
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Avg. Broker Rec.
 
|
Hold (1.89 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: AWK Stock Forecast Based on Zacks ABR data; powered by Xignite |
