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As per the deal, Mears will pay Au24 million to Morrison PLC, a subsidiary of Anglian Water Group.
This senior industry meeting will see industry heavyweights such as Former Chief Executive of the Office of Rail Regulation, Bill Emery and Board Director of Electricity North West, Anglian Water Group, Niall Mills give their expert insight on the strategic direction of the industry.
END Enquiries: Rupert Pittman Cardew Group 07976 249 289 Andrew Mackintosh Anglian Water Group 07885 135 217 END
5p and 1362p respectively on merger and acquisition hopes as mid-cap stock Anglian Water Group said it had received new bid approaches after agreeing a pounds 2.
Other companies joining in the representations were Reckitt Benckiser, Johnson Matthey, B&Q, BAA, Anglian Water Group, Standard Chartered Bank, F&C Asset Management, John Lewis Partnership, Vodafone, Unilever, Tesco, Sun Microsystems and ABN Amro.
The strong performance by Severn Trent encouraged buying in a number of other utility stocks with Scottish Power up 7p at 585p in the top flight and second-tier Anglian Water Group ahead 12p at 1152p, a rise of 1%.
Star Capital Partners - best known for an unsuccessful pounds 3bn offer for the former Anglian Water Group - is said to be eyeing up an approach for the owner of Heathrow and Gatwick.
Morrison Facilities Services Ltd, which is part of the Anglian Water Group, will carry out repairs worth pounds 12m a year.