M&A
confidence high
sentiment neutral
materiality 0.60
American Water files joint non-unanimous settlement in PaPUC merger proceeding with Essential Utilities
American Water Works Company, Inc.
- Joint petition for non-unanimous settlement filed with PaPUC on Sept 15, 2026 for proposed merger with Essential Utilities.
- Settlement joined by Bureau of Investigation and Enforcement, Consumer Advocate, Small Business Advocate; some parties did not join.
- Settlement will be reviewed by Administrative Law Judges, then subject to PaPUC approval.
- Merger agreement dated Oct 26, 2025; Essential Utilities to become wholly owned subsidiary of American Water.