American Water Announces Agreement to Sell Its Homeowner Services Group to Funds Advised by Apax Partners
October 30, 2021
October 30, 2021
CAMDEN, New Jersey, Oct. 30 -- American Water, a water and wastewater company, issued the following news release on Oct. 29, 2021:
American Water Works Company, Inc. (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, today announced that it has agreed to sell its Homeowner Services Group to funds advised by Apax in a deal valued at approximately $1.275 billion.
Upon closing of the transaction, American Water will receive $480 million in . . .
American Water Works Company, Inc. (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, today announced that it has agreed to sell its Homeowner Services Group to funds advised by Apax in a deal valued at approximately $1.275 billion.
Upon closing of the transaction, American Water will receive $480 million in . . .