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AWK's Missouri Unit Buys Neosho Water & Wastewater Systems for $34.5M

Source: zacks.com

Company FundamentalsM&A & Restructuring
AWK's Missouri Unit Buys Neosho Water & Wastewater Systems for $34.5M

American Water Works’ Missouri American Water agreed to acquire the City of Neosho water and wastewater systems for $34.5 million. The deal is expected to add 5,400 water and 5,400 wastewater customers, expanding the customer base while likely supporting utility growth through a relatively sized acquisition.

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AWK0.35

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