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.
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.
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.