The transaction is expected to be completed in late 2024.
has announced it has reached an agreement to purchase a company in Montgomery County.
Pennsylvania American Water has agreed to acquire Audubon Water Company, a private, investor-owned system serving approximately 2,900 customers in Lower Providence Township, Montgomery County and is located directly between Pennsylvania American Water’s existing Royersford and Norristown water systems.
Under the terms of the transaction, an affiliate of Pennsylvania American Water will merge with Audubon, with shareholders of Audubon Water receiving shares of AWK common stock in exchange for all of the issued and outstanding shares of Audubon, and subsequently, Audubon will merge into Pennsylvania American Water. The transaction values Audubon at approximately $8 million, according to Pennsylvania American Water.
If you purchase a product or register for an account through a link on our site, we may receive compensation.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Water Documenters: Read meeting notes from the Utah Department of Water Quality BoardMeeting notes from the Sept. 21, 2023 meeting of the Utah Department Water Quality Board.
Lire la suite »
Bellevue joins Seattle, Kirkland in asking residents to reduce water useThe request came from the Cascade Water Alliance, which buys water from Seattle Public Utilities.
Lire la suite »
Fourth Circuit to speed appeal in Montgomery County parents’ LGBTQ ‘opt-out’ caseA lawsuit over the Montgomery County Public Schools’ refusal to allow parents to opt their children out of classes with LGBTQ lessons and books will get an expedited appeals hearing, the Fourth Circuit Court of Appeals said Monday.
Lire la suite »
Active shooter training facility inside closed school in Montgomery County to become permanent fixtureFollow-up to February Report on Active Shooting Scenario.
Lire la suite »