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October 28, 2025

American Water Works, Essential Utilities to merge

  • The deal will create a water and wastewater public utility with an approximately $40 billion combined market capitalization.
    • By MICHELLE CHAPMAN
    AP Business Writer

    American Water Works and Essential Utilities are merging in an all-stock deal that will create a public water utility worth about $40 billion.

    The combined company, which will use the name American Water, will have about 4.7 million water connections across 17 states and on 18 military installations, from Hawaii to Pennsylvania.


     
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