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Pennon Group Stock News

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At Close: Jun 03, 2026

Pennon set for compromise to complete SES deal

07:35am, Tuesday, 14'th May 2024
Pennon Group is set to get regulatory approval for its acquisition of Sutton and East Surrey Water (SES) after offering to provide separate financial data for the business. Last week, competition watc
Pennon Group PLC (LSE:PNN, OTC:PEGRY) would be weakening the power of the UK's water regulator should it acquire Sutton and East Surrey Water (SES), Britain's competition watchdog said on Friday. A de
Deutsche Bank has taken the clippers to the water sector with all of the three listed groups having their price targets lowered. In what was an otherwise bullish update of prospects for European utili
Thames Water's problems might end up working in favour of other listed water utilities, according to analysts at UBS. “We believe that the sector challenges of low returns on existing investments an
Pennon Group PLC (LSE:PNN, OTC:PEGRY) has signalled efforts to prevent sewage pollution from flowing into rivers will be delayed due to heavy rain in the southwest of England recently. In a full-year
Liberal Democrat MPs are reportedly set to call for Thames Water to be placed into special administration in order to secure water and sewage services for its 15 million customers. As per the Guardian
Water companies' increasing use of equipment to monitor household and business water consumption data alongside the increasing deployment of smart meters makes them more vulnerable to cyber-attacks.�
Pennon Group PLC (LSE:PNN, OTC:PEGRY)'s takeover of Sutton and East Surrey Water is “compelling” given the attractive premium paid for the supplier, UBS analysts have said. South West Water-owner
Pennon Group PLC (LSE:PNN, OTC:PEGRY) has announced a fundraising round to shore up its balance sheet following the  acquisition of Sutton and East Surrey (SES) Water on Wednesday. Some £180 million
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