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Slide #7. American Water Works Company, Inc. — Dale Service Corporation
American Water Works Company, Inc. (NYSE:AWK)
Dale Service Corporation
American Water Works Company, Inc. (NYSE:AWK), the largest publicly traded U.S. water and wastewater utility company, announced today that its Virginia American Water subsidiary has signed an agreement to purchase Dale Service Corporation, a wastewater utility company. The company will also file an application with the Virginia State Corporation Commission (SCC) for approval of the acquisition. The total value of the transaction is approximately $27.7 million. This agreement marks the entry of Virginia American Water, which is the largest investor-owned water utility in Virginia, into the wastewater services market.
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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Hold (1.89 out of 4)