Highest-materiality recent filing
Unitil completes acquisition of Maine Natural Gas for $86M plus ~$7.1M working capital
Purchase price $86.0M plus ~$7.1M for working capital; funded via $86M term loan from Scotiabank.
Unitil Corporation prices public offering of 1.39 million shares of common stock at $46.65 per share
Unitil entered into an underwriting agreement to sell 1,393,355 shares at $46.65 per share, expecting net proceeds of approximately $62 million.
Unitil Corp enters $50M at-the-market stock offering program
May sell up to $50M of common stock via Agents Janney and Scotia Capital in ATM offerings.
Unitil to acquire three water utilities from Aquarion Water Authority for $100M
Purchase price $100M includes ~$30M assumed debt; acquisition expected to close in late 2025.
Unitil agrees to acquire Maine Natural Gas from Avangrid for $86M cash
Purchase price $86M cash, subject to working capital adjustments; debt financing committed from Scotiabank.
Unitil closes $71.2M purchase of Bangor Natural Gas; expands credit facility to $275M
Acquired Bangor Natural Gas from PHC Utilities for $70.9M in cash plus ~$0.3M working capital adjustment.
Unitil to acquire Bangor Natural Gas for $70.9M; expects close by Q1 2025
Purchase price of $70.9M in cash (debt-free basis, subject to working capital adjustments).
On October 30, 2024, the Board of Directors of Unitil Corporation (the “Company”) elected Jane Lewis-Raymond as a Director, effective immediately.
Max materiality 0.85 · Median 0.40 · Most common event m_and_a