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American Water Works Company, Inc. Agrees to Purchase Anglian Water Plc's Interest in AmericanAnglian Environmental Technologies, L.P.


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, N.J.--(BUSINESS WIRE)--Oct. 1, 1999--

American Water Works Company, Inc. (NYSE NYSE

See: New York Stock Exchange
:AWK (Aho Weinberger Kernighan) A Unix programming utility developed in 1977 by Alfred Aho, Peter Weinberger and Brian Kernighan. Due to its unique pattern-matching syntax, awk is often used in data retrieval and data transformation. ) announced today that it has agreed to purchase Anglian Water Plc.'s interest in AmericanAnglian Environmental Technologies, L.P., (AAET), for an undisclosed amount.

This transaction will allow American Water Works Company to better focus on a growing segment of the water and wastewater marketplace in a way that complements its current operations. American Water Works Company has $5 billion in assets, over 4,500 employees and is the largest publicly traded water company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

AAET manages and operates 146 water and wastewater facilities and is the seventh largest contract operations and maintenance firm in the United States.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 1, 1999
Words:116
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