Wisconsin Energy agrees to buy Wicor

Article Abstract:

Wisconsin Energy Corp. has reached an agreement to acquire Wicor Inc. for $1.28 billion (1.23 billion euros) in cash and stock. Wisconsin Energy is an electric and natural-gas utility based in Milwaukee. The deal leads to the formation of a major energy company in the Midwestern US. The newly-merged firm will have almost two million customers and a $7.3 billion market capitalization.

Comment:

Wisconsin Energy to acquire Wicor for $1.28 billion (1.23 billion euros)

Asset sales & divestitures, Acquisitions & mergers, Gas Utilities, Natural Gas Distribution, Electric, Gas & Water Utilities, Utilities, Mergers, acquisitions and divestments, Abstract, Wisconsin Energy Corp., Energy industries, Energy industry, Public utilities, Wicor Inc.

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Water sector rides a wave of strong demand

Article Abstract:

The water sector is surging in the global market with high demand for water for drinking, industry and agriculture. Billions of dollars are being invested in the storage, purification and bottling of water, producing big profits.

Water Supply and Irrigation Systems, Sales & consumption, Bottled and canned soft drinks, Water supply, Water Utilities, Industry Overview, International aspects, Bottled water industry, Industry sales and revenue

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