Indiana American Water Completes Acquisition of Silver Creek Water Corporation
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Indiana American Water has completed its $45 million acquisition of Silver Creek Water Corporation, expanding its customer base in southern Indiana.
November 06, 2024 | 10:30 pm
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Indiana American Water, a subsidiary of American Water Works Company, has completed a $45 million acquisition of Silver Creek Water Corporation, expanding its customer base in southern Indiana.
The acquisition of Silver Creek Water Corporation by Indiana American Water, a subsidiary of American Water Works, is likely to positively impact AWK's stock price. This expansion increases AWK's customer base and strengthens its market position in Indiana, which is beneficial for future revenue growth.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90