Birmingham sale moves forward

The break-up of Birmingham Utilities is set to go ahead before the end of the year. It has been something of a unique case.

Much of the recent consolidation in the US regulated water industry has been of the “tuck-in” variety, and none of it has come close to removing a quoted company from the American Stock Exchange. The imminent break-up of Birmingham Utilities will change all that, and the process took a final step towards completion on 31 October, when the Connecticut Department ...

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