Thirsty For AmericaBy
Europeans are shopping for water in the U.S. Specifically, they're buying U.S. water companies, which provide higher margins than utilities across the pond. Earlier this year, Britain's Kelda Group, which owns Yorkshire Water, purchased Aquarion, Connecticut's largest water company. That didn't quench Kelda's thirst. It has since stated that it will make more U.S. acquisitions and sell its Yorkshire unit in Britain, where the water industry is tightly regulated.
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