Water investing: Expecting a flood of IPOs
NEW YORK – With investor thirst for companies in the water purification sphere sparking a wave of acquisitions in recent years, more privately held companies in the sector are likely to go public in hopes of boosting their value.
Sparked by growing concerns over clean water shortages, the increased infrastructure needs of developing countries, more stringent regulations and an aging U.S. water distribution system, water companies have become prized targets.
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Source : Reuters
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