, WTRG
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| Date: | --/--/-- --:--:-- |
| Event Id: | E5DOZ3P0D |
| Action Type: | MERGER |
| Action Status: | ANNOUNCED |
| Acquirer Symbol: | |
| Target Symbol: | WTRG |
| Updated: | --/--/-- --:--:-- |
| Purchase Price Per Share: | |
| Price Per Share Currency: | |
| News References: | https://www.businesswire.com/news/home/20251026992287/en/ |
Action Notes
American Water Works Company, Inc and Essential Utilities, Inc today announced that each company's board of directors has unanimously approved a definitive agreement to combine in an all-stock, tax-free merger as a leading regulated U.S. water and wastewater public utility with a pro forma market capitalization of approximately $40 billion and a combined enterprise value of approximately $63 billion, based on closing stock prices as of October 24, 2025. The transaction is expected to close by the end of the first quarter of 2027, subject to customary closing conditions, including, among others, approval from each company's shareholders, clearance under the Hart-Scott-Rodino Act, and regulatory approvals, including approval from the applicable public utility commissions.