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Connecticut Water Service Inc (CTWS.OQ)

CTWS.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Connecticut Water Service - Co & SJW filed motion to extend statutory time period with Pura
Wednesday, 5 Dec 2018 

Dec 4 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE - FOLLOWING CONNECTICUT PURA'S PROPOSED DECISION, CO & SJW FILED WITH PURA ON DEC 4, MOTION TO EXTEND STATUTORY TIME PERIOD.  Full Article

Connecticut Water Shareholders Approve SJW Group Merger Agreement
Saturday, 17 Nov 2018 

Nov 16 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SHAREHOLDERS APPROVE SJW GROUP MERGER AGREEMENT.TRANSACTION ON TRACK TO CLOSE IN Q1 OF 2019.APPROXIMATELY 92.5% OF SHARES VOTED AT SPECIAL MEETING WERE VOTED IN FAVOR OF SJW GROUP MERGER AGREEMENT.  Full Article

Sjw Group Committed To Supporting California Public Utilities Commission’S Order Instituting Investigation Of Merger With Connecticut Water
Friday, 13 Jul 2018 

SJW Group ::SJW GROUP COMMITTED TO SUPPORTING CALIFORNIA PUBLIC UTILITIES COMMISSION’S ORDER INSTITUTING INVESTIGATION OF MERGER WITH CONNECTICUT WATER.SJW GROUP - TRANSACTION WITH CONNECTICUT WATER REMAINS ON TRACK TO CLOSE DURING Q4 2018.SJW GROUP - CPUC HAS SAID IT WILL COMPLETE OII WITHIN NEXT FIVE MONTHS.  Full Article

Eversource Comments On Termination Of Connecticut Water's "Go-Shop" Process
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Eversource Energy ::EVERSOURCE ENERGY - COMMENTS ON TERMINATION OF CONNECTICUT WATER'S "GO-SHOP" PROCESS.EVERSOURCE ENERGY - REAFFIRMS COMMITMENT TO DELIVERING PROPOSAL TO CONNECTICUT WATER SHAREHOLDERS.EVERSOURCE ENERGY - URGES CONNECTICUT WATER SHAREHOLDERS TO VOTE "AGAINST" SAN JOSE WATER DEAL.  Full Article

SJW Group Reiterates Its Support Of Merger With Connecticut Water
Tuesday, 19 Jun 2018 

June 18 (Reuters) - SJW Group ::SJW GROUP COMMENTS ON TERMINATION OF CONNECTICUT WATER GO-SHOP PROCESS AND REITERATES ITS SUPPORT OF THE MERGER WITH CONNECTICUT WATER.SJW GROUP - CONTINUE TO WORK TOWARD COMPLETING DEAL WITH CONNECTICUT WATER SERVICE.  Full Article

SJW Group Board Of Directors Issues Letter To Fellow SJW Group Stockholders
Friday, 11 May 2018 

May 11 (Reuters) - SJW Group ::SJW GROUP BOARD OF DIRECTORS ISSUES LETTER TO FELLOW SJW GROUP STOCKHOLDERS.SJW GROUP - BOARD UNANIMOUSLY REAFFIRMED ITS COMMITMENT TO MERGER OF EQUALS WITH CONNECTICUT WATER.SJW GROUP - URGE YOU TO VOTE ON GREEN CARD FOR ALL PROPOSALS RELATED TO MERGER OF EQUALS WITH CONNECTICUT WATER.  Full Article

SJW Group And Connecticut Water File Applications For Approval Of Merger Of Equals
Tuesday, 8 May 2018 

May 7 (Reuters) - Connecticut Water Service Inc ::SJW GROUP AND CONNECTICUT WATER FILE APPLICATIONS WITH CONNECTICUT PUBLIC UTILITIES REGULATORY AUTHORITY AND MAINE PUBLIC UTILITIES COMMISSION FOR APPROVAL OF MERGER OF EQUALS.SJW GROUP - TRANSACTION WITH CONNECTICUT WATER SERVICE IS EXPECTED TO CLOSE DURING Q4 OF 2018.  Full Article

Connecticut Water Service - Under Deal Termination Under Specified Circumstances Co To Be Required To Pay SJW Group Cash Termination Fee Of $28.1 Mln
Thursday, 15 Mar 2018 

March 15 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE - UNDER DEAL TERMINATION UNDER SPECIFIED CIRCUMSTANCES CO TO BE REQUIRED TO PAY SJW GROUP CASH TERMINATION FEE OF $28.1 MILLION.CONNECTICUT WATER SERVICE - IF DEAL WITH SJW GROUP TERMINATED UNDER SPECIFIED CIRCUMSTANCES, SJW WILL BE REQUIRED TO PAY CO CASH FEE OF $42.5 MILLION.  Full Article

SJW Group And Connecticut Water Service To Combine In All-Stock Deal Of About $750 Mln In Aggregate
Thursday, 15 Mar 2018 

March 15 (Reuters) - Connecticut Water Service Inc ::SJW GROUP AND CONNECTICUT WATER SERVICE, INC. TO COMBINE IN ALL-STOCK TRANSACTION TO CREATE LEADING WATER UTILITY COMPANY.CONNECTICUT WATER SERVICE INC - DEAL FOR $61.86 PER SHARE, OR ABOUT $750 MILLION IN AGGREGATE.CONNECTICUT WATER SERVICE INC - DEAL ‍EXPECTED TO BE ACCRETIVE TO BOTH COMPANIES' EPS IN FIRST FISCAL YEAR POST-CLOSING​.CONNECTICUT WATER SERVICE - ‍CO SHAREHOLDERS WILL RECEIVE 1.1375 SHARES OF SJW GROUP STOCK FOR EACH SHARE OF CONNECTICUT WATER COMMON STOCK THEY OWN​.CONNECTICUT WATER SERVICE - CO TO GET 1.1375 SHARES OF SJW GROUP COMMON STOCK FOR EACH SHARE OF CONNECTICUT WATER COMMON STOCK THEY OWN​.CONNECTICUT WATER SERVICE INC - UPON CLOSING OF TRANSACTION, BOARD OF DIRECTORS OF COMBINED COMPANY WILL CONSIST OF 12 DIRECTORS.CONNECTICUT WATER SERVICE INC - ‍SJW GROUP SHAREHOLDERS WILL OWN APPROXIMATELY 60 PERCENT OF COMBINED COMPANY​.CONNECTICUT WATER SERVICE INC - BOTH COMPANIES EXPECT TO MAINTAIN EXISTING DIVIDEND PAYMENTS UNTIL TRANSACTION IS COMPLETED.CONNECTICUT WATER SERVICE - ‍COMBINATION IS EXPECTED TO BE ACCRETIVE TO EACH CO'S STANDALONE EPS IN FIRST FISCAL YEAR POST-CLOSING​.CONNECTICUT WATER SERVICE - ERIC THORNBURG WILL SERVE AS CHAIRMAN, PRESIDENT AND CEO OF NEWLY-MERGED COMPANY.CONNECTICUT WATER SERVICE INC - SEVEN DIRECTORS WILL BE APPOINTED BY SJW GROUP AND FIVE DIRECTORS BY CONNECTICUT WATER ON BOARD OF COMBINED CO.  Full Article

Connecticut Water Service Names David Benoit CEO
Thursday, 8 Mar 2018 

March 7 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE INC. NAMES DAVID C. BENOIT PRESIDENT AND CEO AND ROBERT J. DOFFEK CHIEF FINANCIAL OFFICER, TREASURER AND CONTROLLER.CONNECTICUT WATER SERVICE INC - ‍RICHARD KNOWLTON WILL CONTINUE AS PRESIDENT OF COMPANY'S MAINE OPERATING SUBSIDIARY, MAINE WATER COMPANY​.  Full Article