City of Tallinn completed the acquisition of a 35.3% stake in Tallinn Water from United Utilities for $121m.

The City of Tallinn completed the acquisition of a 35.3% stake in Tallinn Water, a water supply system that provides potable water to Estonia's capital city Tallinn, from United Utilities, a water services company, for $121m. "United Utilities is grateful for the City of Tallinn's trust and opportunity to be a partner in delivering essential water services for more than 20 years. We have always tried to repay this trust by working hard to improve every aspect of this service for our customers in Tallinn and we believe that the company has truly succeeded at this. While United Utilities has played its part, this would not have been possible without the skill and efforts of the dedicated employees of the company. My special thanks go to them and, in particular, to the management board whose guidance and leadership have been exceptional," Simon Gardiner, United Utilities Company Secretary.