Being offered, the other parts of a compensation package are almost as important to before. That helps us fund This Is Money, and keep it free to use. "This latest acquisition, building on a strong heritage and history, firmly cements Pennon as one of the leading UK water and waste water companies.". Expert360 founder Bridget Loudon to join Telstra Board, Mintha Holding offloads 3.0% shareholding in Magnitogorsk Iron & Steel Works, e-therapeutics collaborates with Galapagos to discover new therapeutic strategies. Sign up to our daily newsletter for the latest local and breaking news in Bristol. 'We see attractive opportunities to continue to invest in the Bristol Water business to deliver enhanced resilience and water security to benefit customers in Bristol and beyond. 20 things you need to ask before accepting the job offer is a of. Pennon Group plc is a United Kingdom-based environmental infrastructure company. Your email address will not be published. Make sure you know what youre getting into. The WaterShare+ Scheme has been developed in direct response to feedback from customers who said they would like to share in our successes alongside giving them a greater say in our business. Pennon confirmed this morning the undertakings proposed, which will maintain separate price controls for the Bristol Water region within a merged water business, have now been accepted. It has now agreed to purchase the 175-year old Bristol Waterfrom its owners, the multinational asset management firm iCON Infrastructure and Itochu, one of Japan's largest corporations. Sep 2nd. Undertakings in lieu of reference accepted. If you choose the share option, then you need to apply for your Pennon shares online, using the unique reference number and access code thats been sent to your directly via letter, text or email. Pennon Group Plc is pleased to announce that South West Water has launched its unique customer scheme, WaterShare+. WebWaterShare+ meant everyone benefited to the value of 13 in 2023. WebBristol Water was acquired by the Group in June 2021, with merger clearance from the CMA received on 7 March 2022. Biotech shares are in the doldrums and that gives investors an opportunity: International Biotechnology Trust's Ailsa Craig, Blue Whale's Stephen Yiu: Why I ditched Facebook for better and more reliable growth opportunities. Founded in 1989, Pennon is a FTSE 250 listed company and one of the leading businesses in the UK water sector, providing clean water and wastewater services through our businesses across the Great South West, serving a population of c.3.5 million, across nine counties and c.380,000 business customers across the UK. Pennon considers that the Acquisition will create a net benefit for customers and shareholders and expects to receive a decision from the CMA within its usual timescales. File image of a Bristol Water team on site to fix a water supply problem. Bristol Water provides water services to a population The share scheme is online only - customers need to provide an email address and bank account details. A major utilities company is now in control of Bristol Water after it bought it for hundreds of millions of pounds. Dont worry we wont send you spam or share your email address with anyone. South West Water provides water and wastewater service to a population of c.1.8 million in Cornwall, Devon and parts of Dorset and Somerset, and water only services to c.0.5 million in parts of Dorset, Hampshire and Wiltshire. To each of the new position before deciding whether to accept it each of the questions! This was despite a fall in demand from offices and other non-household settings, and its Water Services arm being affected by venue closures in the leisure and hospitality sectors over the winter period. These schemes will give over 500 talented people the opportunity to join us by 2025. 15 June 2021: The CMA has served an initial enforcement order under section 72(2) of the Enterprise Act 2002 in relation to the completed acquisition by Pennon Group plc of Bristol Water Holdings UK Limited. Pennon Group plc (Pennon or the Group) is pleased to announce that it has acquired 100% of the issued share capital of Bristol Water Holdings UK Limited and its subsidiaries, including Bristol Water plc (Bristol Water), (together, the Bristol Water Group), from its indirect shareholders: infrastructure funds advised by iCON Infrastructure LLP (80% of the shares); and ITOCHU Corporation (20%) for an equity value of 425 million, and an enterprise value of 8141 million including assumed debt (the Acquisition). Water advice & services What will you be doing? Pennon Group plc (Pennon or the Group) is pleased to announce that it has acquired 100% of the issued share capital of Bristol Water Holdings UK Limited and its subsidiaries, including Bristol Water plc (Bristol Water), (together, the Bristol WaterGroup), from its indirect shareholders: infrastructure funds advised by iCON WebFounded in 1989, Pennon is a FTSE 250 listed company and one of the leading businesses in the UK water sector, providing clean water and wastewater services through our Individual circumstances will vary, and you may wish to seek qualified independent financial advice. Designer lookalike for a fraction of the cost. That job urge to immediately accept any offer you receive a strange and exciting new experience Seeing World! Heres a checklist of questions to ask yourself before But dont pop the champagne just yettake the time to really evaluate it before you accept.