BUZZ-UK water firms Pennon, United Utilities gain on investment plans ** Shares in British water firms Pennon PNN.L and United Utilities UU.L up 3.8% and 1.3%, respectively ** Water utilities announce investment plans worth billions for next 5 year regulatory period under regulator Ofwat's price review programme ** Pennon to invest 2.8 bln pounds (
UPDATE 4-UK water firms eye hefty investments, rising bills Utilities announce investment plans worth billions of pounds Investment plans subject to Ofwat's approval, expected end-2024 Customer bills to rise from 2025 to 2030 Adds details on United Utilities' funding plans in paragraph 12, Thames Water's plan in paragraph 4; updates share moves By Prerna Bedi and Eva Mathews Oct 2 (Reuters) - Several UK water firms on Monday proposed investing billions of pounds to tackle water quality, leakage
BRIEF-Severn Trent Says Placing At A Price Of 2,150 Pence Per Placing Share Sept 29 (Reuters) - Severn Trent PLC SVT.L : SEVERN TRENT PLC - RESULTS OF THE EQUITY ISSUE SEVERN TRENT: RAISES ยฃ1 BILLION OF NEW EQUITY SEVERN TRENT: PLACING AT A PRICE OF 2,150 PENCE PER PLACING SHARE RAISING GROSS PROCEEDS OF ABOUT ยฃ493 MILLION Source text for Eikon:
BRIEF-Bookrunner Says Severn Trent Primary ABO Transaction Will Price At GBP21.5 /Share Sept 29 (Reuters) - Bookrunner: SEVERN TRENT PRIMARY ABO: TRANSACTION WILL PRICE AT GBP21.5/ SHARE, BOOKS MULTIPLE TIMES OVERSUBSCRIBED AT LEVEL - BOOKRUNNER SEVERN TRENT PRIMARY ABO: BOOKS TO CLOSE AT 9:30AM UK - BOOKRUNNER Source text for Eikon: [ID:] Further
UPDATE 2-UK stocks end quarter on high note after stronger-than-expected domestic growth For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window UK stocks rise after positive GDP data Consumer staples, discretionary shares drive gains FTSE 100 to end over 1% higher in Sept qtr FTSE 100 up 0.1%, FTSE 250 jumps 1.0% Updates to market close By Siddarth S and Medha Singh Sept 29 (Reuters) - British stocks ended September-quarter higher on Friday wit
BUZZ-UK's Severn Trent gains; co to raise $1.2 bln in new equity Updates ** Shares in UK water supplier Severn Trent SVT.L up 2 .3% at 2 , 314 pence; among top pct gainers on FTSE 100 .FTSE index ** Co to raise 1 bln pounds ($1.2 bln) in new equity, including 500 mln pounds from Qatar's sovereign wealth fund, to help finance an investment drive and
BUZZ-UK's Severn Trent gains; co to raise $1.2 bln in new equity ** Shares in UK water supplier Severn Trent SVT.L up 3.5% to 2,346 pence in early trade; among top gainers on FTSE 100 .FTSE index ** Co to raise 1 bln pounds ($1.2 bln) in new equity, including 500 mln pounds from Qatar's sovereign wealth fund, to help finance an investment drive and
UPDATE 1-UK Stocks-Factors to watch on Sept 29 Adds new items and updates futures Sept 29 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday with futures .FFIc1 up 0.2%. * ASTON MARTIN: Aston Martin AML.L said Chairman Lawrence Stroll's Yew Tree Consortium had further increased its stake in the British luxury carmaker by 3.27% to 26.23%.
CORRECTED-UPDATE 5-UK's Severn Trent to raise $1.2 bln to partly fund clean-up of rivers Corrects paragraph 11 to say offering amount of 500 million pounds, not 1 billion pounds, and changes attribution to bookrunner, not Severn Trent. This story was earlier corrected to say 2030, not 2020 in paragraph 3. Sept 29 (Reuters) - British water company Severn Trent SVT.L is raising 1 billion pounds ($1.2 billion) in new equity to help finance an investment drive to reduce the release of untreated sewa
BRIEF-Severn Trent Proposes Placing To Raise Gross Proceeds Of About ยฃ1 Bln Sept 29 (Reuters) - Severn Trent PLC SVT.L : SEVERN TRENT PLC - PROPOSED PLACING OF NEW ORDINARY SHARES SEVERN TRENT: ANNOUNCES AN EQUITY ISSUE TO RAISE GROSS PROCEEDS OF APPROXIMATELY ยฃ1 BILLION Source text for Eikon: ID:nRSc0805Oa Further company coverage: SVT.L
BRIEF-Bookrunner Says Severn Trent Primary ABO Books Are Covered, Further Guidance To Follow Sept 29 (Reuters) - Bookrunner: SEVERN TRENT PRIMARY ABO: BOOKS ARE COVERED, FURTHER GUIDANCE TO FOLLOW- BOOKRUNNER Further company coverage: SVT.L
Qatar wealth fund to invest 500 mln pounds in UK's Severn Trent Sept 29 (Reuters) - British water supplier Severn Trent SVT.L on Friday said it would receive a 500 million pound ($611.9 million) investment from Qatar's sovereign wealth fund. ($1 = 0.8175 pounds) Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Varun H K
BRIEF-Severn Trent Announces 500 Mln Stg Investment From Qatar Investment Authority Sept 29 (Reuters) - Severn Trent PLC SVT.L : RETAIL OFFER VIA PRIMARYBID QATAR INVESTMENT AUTHORITY HAS AGREED TO INVEST ยฃ500 MILLION THROUGH A SUBSCRIPTION FOR NEW ORDINARY SHARES Source text for Eikon: ID:nRSc0820Oa Further company coverage: SVT.L
BRIEF-Severn Trent Plans To Spend 12.9 Bln Stg Across Next 5-Yr Regulatory Period Sept 29 (Reuters) - Severn Trent PLC SVT.L : SEVERN TRENT PR24 BUSINESS PLAN SUMMARY PLANS ยฃ12.9 BILLION TOTAL EXPENDITURE ACROSS NEXT FIVE-YEAR REGULATORY PERIOD SEVERN TRENT PR24 BUSINESS PLAN SUMMARY ยฃ550 MILLION PACKAGE TO SUPPORT 693,000 CUSTOMERS WHO MIGHT OTH
EUROPE RESEARCH ROUNDUP-Elisa, Severn Trent, Talanx Sept 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Elisa, Severn Trent and Talanx, on Thursday. HIGHLIGHTS * Bpost SA BPOST.BR : KBC Securities raises to buy from hold * Elisa Oyj ELISA.HE : HSBC raises to hold from reduce * Severn Trent SVT.L : Barclays raises to overweight from equal weight * Talanx AG TLXGn.DE : Berenberg raises to buy from hold * United Utilities UU.L : B
EUROPE RESEARCH ROUNDUP-Amplifon, Clariant, Hugo Boss Sept 20 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Amplifon, Clariant and Hugo Boss, on Wednesday. HIGHLIGHTS * Amplifon AMPF.MI : HSBC raises to buy from hold * Clariant AG CLN.S : Jefferies raises to buy from hold * Hugo Boss AG BOSSn.DE : Jefferies raises to buy from hold * Kering PRTP.PA : Jefferies cuts to hold from buy * LVMH LVMH.PA : Jefferies cuts to hold from buy
BUZZ-Pennon Group hits over 12-yr low after Citigroup downgrades UK water firms ** Shares of UK water utility firms Pennon Group PNN.L and Severn Trent SVT.L drop after Citigroup downgrades both the stocks ** PNN falls as much as 2.9% to 593.5p, hitting lowest levels in more than 12 years after Citi downgrades to "neutral" from "buy" and cuts PT to 630p from 1,160p, the lowest among 12 analysts covering the stock ** Brokerage downgrades SVT to "sell" from "neutral", sending shares down as much a
EUROPE RESEARCH ROUNDUP-Epiroc AB, Metso, Sandvik AB, Sept 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Epiroc AB, Metso and Sandvik AB, on Tuesday. HIGHLIGHTS * Atria ATRAV.HE : Inderes raises to accumulate from reduce * Carbios SA ALCRB.PA : Berenberg initiates with buy rating and EUR 51 price target * Epiroc AB EPIRa.ST : Barclays initiates coverage with underweight rating * Metso METSO.HE : Barclays initiates coverage wit
EUROPE RESEARCH ROUNDUP-Rotork, Societe Generale SA, Talanx AG Aug 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Rotork, Societe Generale SA, and Talanx AG, on Wednesday. HIGHLIGHTS * Elkem ASA ELK.OL : Morgan Stanley cuts to equal weight from overweight * Gurit Holding AG GURN.S : Credit Suisse raises to outperform from underperform * Rotork Plc ROR.L : Peel Hunt raises to buy from add * Societe Generale SA SOGN.PA : Morgan S
BRIEF-UK's CMA Not To Refer Severn Trent/Andigestion Deal For Phase 2 Investigation Aug 18 (Reuters) - UK's Competition and Markets Authority: COMPETITION AND MKTS - MERGER UPDATE: SEVERN TRENT/ANDIGESTION UK'S CMA SAYS NOT TO REFER SEVERN TRENT/ANDIGESTION MERGER TO A PHASE 2 INVESTIGATION UK'S CMA SAYS NOT TO REFER SEVERN TRENT/ANDIGESTION MERGER
