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AWK American Water Works

131.82
1.57 (1.21%)
After Hours
Last Updated: 00:01:53
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Water Works NYSE:AWK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.57 1.21% 131.82 132.46 130.09 131.30 1,597,729 00:01:53

RWE: Sale Of American Water Stake Brought Net $784 Million

18/11/2009 7:59am

Dow Jones News


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German utility RWE AG (RWE.XE) said Wednesday the sale of its stake in U.S.-based American Water generated net proceeds of $784 million.

In total, RWE has sold 37.4 million shares in American Water via a bank consortium at $21.63 per share.

The consortium also has the option of purchasing a further 3.7 million shares which is valid for 30 days. If the option is fully exercised, RWE's divestment of American Water would be complete, RWE said in a statement.

-By Frankfurt Bureau, Dow Jones Newswires; +49 69 29725 500; djnews.frankfurt@dowjones.com

 
 

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