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NYSE:WTRG 27 October 2025

American Water & Essential Utilities to Merge in $63B ‘Mega-Deal’ – What Investors Need to Know

American Water & Essential Utilities to Merge in $63B ‘Mega-Deal’ – What Investors Need to Know

American Water Works and Essential Utilities boards approved an all-stock merger on Oct. 26, 2025, creating a $40 billion utility serving 4.7 million connections in 17 states. The combined company will keep the American Water name and be led by AWK’s John C. Griffith as CEO. Essential shareholders receive a 10% premium; AWK holders will own 69% of the new firm. No immediate rate hikes are planned. The deal is expected to close by Q1 2027.
27 October 2025
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Stock Market Today

  • UBS Advises ASX Investors to Shift from Property to Mining Amid Downturn
    May 24, 2026, 10:22 PM EDT. UBS warns investors to reduce exposure to ASX-listed banks and real estate stocks as Australia's property market slows. The brokerage urges clients to increase holdings in mining and healthcare sectors. The caution stems from a combination of higher oil prices, rising interest rates, and government budget plans to cut tax benefits on residential property. UBS describes the economy as facing a three-pronged attack, highlighting risks ahead in the property market and signalling a sector rotation on the Australian Securities Exchange (ASX).

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