secwatch.observer — SEC 8-K summary
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Issuer:     UNITIL CORP (UTL)
CIK:        0000755001
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001193125-25-117855
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unitil to acquire three water utilities from Aquarion Water Authority for $100M
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- Purchase price $100M includes ~$30M assumed debt; acquisition expected to close in late 2025.
- Aquarion Companies serve ~23,000 customers across 15 communities in MA and NH; rate base ~$78M (2024).
- Transaction is expected to be earnings accretive over the long term, supporting 5%-7% EPS growth.
- Debt financing committed from Scotiabank via $100M senior unsecured delayed-draw term loan facility.
- Regulatory approvals needed from MA, NH, and ME public utilities commissions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/755001/000119312525117855/0001193125-25-117855-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/755001/000119312525117855/d945468d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-117855

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