SJW, Connecticut Water compete merger
Water utility SJW Group and Connecticut Water Service have said that they completed their $1.1 billion combination. SJW will become the third-largest water utility in the United States. Connecticut Water’s shares no longer trade on the NASDAQ stock exchange. Connecticut Water last year rebuffed a proposal from Eversource Energy. The target argued that the $70-per-share […]
UCB to acquire Ra Pharmaceuticals for $2.1B
Belgian drug plastics group UCB has agreed to buy United States-based clinical-stage company Ra Pharmaceuticals for $2.1 billion, the companies said. The deal will allow UCB to offer new immunology and neurology treatments for several rare diseases. UCB CEO Jean-Christophe Tellier highlighted that Ra Pharma is an excellent strategic fit in multiple areas of UCB’s […]
