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Scandal-hit water firm Pennon's £380m purchase of rival raises eyebrows

Pennon, led by chief executive Susan Davy (pictured) has bought Sutton and East Surrey (SES) Water from its Japanese owners.

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Davy may find water savings a struggle

That’s ambitious chief executives for you. Some people would be perfectly happy running one underperforming, polluting water company. Not Pennon’s Susan Davy. She’s always keen to top up the corporate

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Pennon acquires SES Water owner, plans fundraise

Pennon Group PLC on Wednesday announced a placing and retail offer to raise up to GBP180 million, in connection with its newly announced takeover of Sutton & East Surrey Water PLC. Pennon, an.

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Pennon acquires Sutton and East Surrey Water for £89m

Pennon Group has acquired Sutton and East Surrey (SES) Water and other ancillary businesses from its holding company for £89m to expand its operations across the country.

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Sainsbury's grocery sales drive festive growth

Stocks are expected to retreat at Wednesday s market open in London, with investors hesitant to take risks ahead of key market catalysts later this week. On Thursday, US inflation figures will be.

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