Pennon Group Plc (PEGRY)

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17.79

+0.21

(+1.19%)

At close: 03:44PM EDT

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Reuters
UK watchdog raises concerns over Pennon-SES water deal
Britain's Competition & Markets Authority (CMA) said on Friday the deal could hamper water regulator Ofwat by removing SES Water from its dataset and reducing the number of comparators available to estimate cost allowances and set service quality targets. Pennon, which bought the holding company of SES Water in January for an enterprise value of 380 million pounds ($477 million), said it would offer undertakings to address the CMA's concerns by the required deadline of May 13.
PA Media: Money
South West Water owner delays environmental performance rating target
Pennon thinks it will take until 2025, a year later than planned, to get a four-star rating from the Environment Agency.
Simply Wall St.
Pennon Group Plc (LON:PNN) Shares Could Be 36% Below Their Intrinsic Value Estimate
Key Insights Using the Dividend Discount Model, Pennon Group fair value estimate is UK£10.63 Pennon Group's UK£6.82...