RWE giving nothing away
- From: Vol 2, Issue 9 (September 2001)
- Category: Companies
- Region: Americas
- Country: United States
- Related Companies: American Water Works, Azurix, Bankhaus Merck Finck, Enron, Ondeo, RWE, Sal Oppenheim and Veolia Environnement (formerly Vivendi Environnement)
RWE remains tight-lipped over rumours that it was close to acquiring American Water Works, the largest investor owned water utility in the US, for €3.9 billion ($3.6 billion) at the end of August.
When asked by GWI, a company representative declined to confirm reports that talks had been broken off but could be resumed. RWE resolutely refuses to comment on what it terms “rumours and speculation”.
In November last year, RWE gained a foothold in the US market by acquiring E’Town Corporation which supplies water to around one million customers in New ...
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