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RWE offers 7.6 billion dollars for Water Works (U.S.)

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December 10, 2009 at 6:52 am

The German energy giant RWE has launched an offer on the Water Works, a leader in the distribution of water in the U.S.. RWE has offered $ 46 per share for Water Works, at a premium of approximately 35% over the average price of Water Works in the 30 days prior to September 10, valuing the group 7.6 billion U.S. . Title RWE the Frankfurt today marks a rise of 0.24% to 41.27 , after opening a session, however, largely in negative terrain.

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