Illinois American Water Buys Village Of Tolono Water And Wastewater Systems For $9.416M
Portfolio Pulse from Benzinga Newsdesk
Illinois American Water has acquired the Village of Tolono's water and wastewater systems for $9.416 million.
June 20, 2023 | 8:45 pm
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American Water Works Company (AWK) expands its footprint with the acquisition of Village of Tolono's water and wastewater systems for $9.416 million.
The acquisition of the Village of Tolono's water and wastewater systems by Illinois American Water, a subsidiary of American Water Works Company (AWK), will expand the company's footprint and potentially increase its revenues. This news is likely to have a positive impact on AWK's stock price in the short term.
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IMPORTANCE 75
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