American Water to merge with Essential Utilities in a $63bn deal.

American Water, a water and wastewater utility company, agreed to merge with Essential Utilities, a water, wastewater and natural gas provider, in a $63bn deal. “This combination brings together two industry leaders united by our shared mission to provide safe, clean, reliable and affordable water and wastewater services to our customers. By joining forces with Essential, the combined company’s enhanced scale and operational efficiency will support continued investment in our critical infrastructure, enabling us to continue providing superior customer service at affordable rates. We look forward to bringing together the talented teams of both companies to help solve the many water and wastewater challenges across the country and expand our customer base," John C. Griffith, American Water President and CEO.