Transaction Overview - American Water and Essential Utilities will merge in a tax-free, all-stock transaction[16] - The combined company will have a market capitalization of $40 billion and an enterprise value of $63 billion[16] - The fixed exchange ratio is 0305 American Water shares for each Essential Utilities share[16] - American Water shareholders will own 69% and Essential Utilities shareholders will own 31% of the combined company[16] - The merger is targeted to close by the end of Q1 2027[16] Financial and Growth Outlook - The merger is expected to result in EPS growth of 7%-9% and DPS growth of 7%-9%[16] - The combined company targets rate base growth of 8%-9%, including acquisitions[26] - The combined company's 5-year capital investment plan is $28 billion[42] Combined Company Profile - The combined company will serve 54 million U S connections[29] - The combined company's 2024A rate base is $34 billion, expected to reach $41 billion by 2026E[29] - The combined company will operate across 17 regulated states[29] - Pennsylvania will account for 28% of the combined company's water & wastewater total rate base[33] Strategic Benefits - The merger will create a top 10 large-cap pure-play utility[24] - The merger will solidify the company's position as a premier partner-of-choice water utility for municipal providers[25] - The merger will enhance financial strength and expand the low-risk foundation[50]

NEW YORK, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of American Water Works Company, Inc. (NYSE: AWK) and Essential Utilities, Inc. is fair to American Water shareholders. Upon completion of the proposed transaction, American Water shareholders will own approximately 69% of the combined company. Halper Sadeh encourages American Water shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh ...

Core Viewpoint - American Water Works and Essential Utilities have agreed to merge in an all-stock deal valued at approximately $63 billion, creating a combined water-and-wastewater utility company with a market capitalization of about $40 billion [1][4]. Group 1: Merger Details - The combined entity will operate under the name American Water and aims to enhance scale and efficiency, supporting investment in critical infrastructures and expansion [2]. - Upon completion, American Water shareholders will own about 69% of the combined company, while Essential shareholders will own approximately 31% [4]. - Essential Utilities shareholders will receive 0.305 shares of American Water for each share they own, representing a roughly 10% premium based on a 60-trading-day average price [6]. Group 2: Leadership and Structure - John Griffith will serve as the Chief Executive of the combined company, while Christopher Franklin from Essential will take the role of executive vice chair of the board [7]. - The board will consist of 15 members, including 10 directors from American Water and 5 designated by Essential [8]. Group 3: Financial Outlook - The merger is expected to be additive to American Water's per-share earnings in the first year post-close, with the combined company maintaining a 7% to 9% earnings-per-share and dividend growth target [5]. - The combined company will have an enterprise value of approximately $63 billion, enhancing resilience to market changes and operational leverage due to its larger footprint and geographic diversity [4]. Group 4: Timeline and Location - The deal is anticipated to close by the end of the first quarter of 2027 [8]. - The headquarters will be located in Camden, N.J., with a presence maintained at Essential's offices in Bryn Mawr, Pa., and Pittsburgh [8].

Group 1 - American Water Works and Essential Utilities have agreed to merge in an all-stock deal valued at approximately $63 billion, which includes debt [1]

Core Viewpoint - American Water Works Company, Inc. and Essential Utilities, Inc. have announced a definitive agreement for an all-stock, tax-free merger, creating 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 [1] Company Summary - The merger will combine American Water Works and Essential Utilities, enhancing their position in the regulated water and wastewater sector [1] - The transaction is structured as an all-stock merger, which is tax-free for the shareholders of both companies [1] Market Impact - The pro forma market capitalization of the combined entity is expected to be around $40 billion, indicating significant scale in the water utility market [1] - The combined enterprise value of the merger has not been fully disclosed but is implied to be substantial, reflecting the importance of the transaction in the industry [1]

Core Insights - American Water is the largest regulated water and wastewater utility company in the U.S. [1] - The company participated in the 2025 Leadership Conference for Women in Water & Wastewater, which was hosted virtually by EUCI on October 21-22 [1] - The conference brought together leaders from the utility sector to discuss topics such as executive leadership, operational excellence, and community impact [1] Company Participation - American Water's involvement in the conference highlights its commitment to leadership and diversity within the utility sector [1] - Denise Venuti Free, Vice President of External Communications at American Water, represented the company at the event [1] Industry Context - The conference serves as a platform for discussing critical issues facing the water and wastewater industry, emphasizing the importance of leadership and community engagement [1]

Core Insights - American Water Works Company (AWK) announced that its unit, Pennsylvania American Water, received $64.3 million in grants and low-interest loans from PENNVEST for upgrading four water infrastructure projects [1] - In 2024, Pennsylvania American Water invested $675 million in infrastructure upgrades, with $583 million allocated to water systems and $92 million to wastewater infrastructure [2] - The U.S. water and wastewater infrastructure is deteriorating, requiring an estimated $1.25 trillion in investments over the next 20 years to maintain and upgrade systems [3][4] Industry Overview - The U.S. water industry is fragmented, consisting of over 50,000 community water systems and 14,000 wastewater treatment facilities, which poses challenges for small utilities to make necessary investments [5] - Larger water utilities are acquiring smaller utilities to facilitate essential investments in upgrading aging assets [6] Company Strategies - American Water Works completed six acquisitions as of July 31, 2025, with 20 pending acquisitions expected to add 40,650 consumers to its customer base [7] - The company plans to invest between $17 billion and $18 billion from 2025 to 2029 and approximately $40 billion to $42 billion from 2025 to 2034 [7] - California Water Service Group plans to invest $610 million and $760 million in 2025 and 2026, respectively, to strengthen operations [8] - Essential Utilities is pursuing acquisitions and plans to invest $7.8 billion from 2025 to 2029 to improve water and natural gas systems [9] - Middlesex Water Company plans to invest approximately $387 million in its water and wastewater infrastructure over the next three years [10]

Core Points - The Shapiro administration announced that Pennsylvania American Water received grants and low-interest loans totaling $64,396,571 from the Pennsylvania Infrastructure Investment Authority (PENNVEST) [1] - The funding will be utilized for four water infrastructure improvement projects located in Butler, Columbia, Fayette, and Monroe counties [1] - Pennsylvania American Water aims to provide high-quality and reliable water and wastewater services to its customers [1]

Core Insights - American Water emphasizes the importance of water conservation and infrastructure investment during the 11th Annual Imagine a Day Without Water initiative [1][2] - The company plans to invest $40-$42 billion over the next ten years to upgrade its water and wastewater systems, enhancing reliability and resiliency [2] - American Water provides flexible billing options and financial assistance programs to support customers facing financial challenges [3] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states and 18 military installations [4] - The company reported revenues of $4.68 billion and a net income of $1.05 billion for 2024 [8][14] - American Water employs approximately 6,700 professionals, leveraging their expertise to deliver reliable services [4][8] Community Engagement - The company encourages simple conservation habits among customers, such as turning off faucets and taking shorter showers [6] - American Water promotes source water protection through community clean-up initiatives [6] - The Future Wavemakers Internship Program aims to develop the next generation of leaders in the water and wastewater industry, welcoming 33 college interns in 2025 [10]

MECHANICSBURG, Pa.--(BUSINESS WIRE)---- $AWK #WeKeepLifeFlowing--The National Federation of Independent Business (NFIB), the nation's leading small business advocacy organization, is urging its members to take advantage of financial assistance offered by Pennsylvania American Water, the largest investor-owned water and wastewater utility in the state. The company's recently launched commercial payment plans help qualifying businesses pay back past-due account balances. "We encourage NFIB members that are Pe ...