United Utilities Rises Again With Thames Water in Focus
United Utilities Group PLC climbed Tuesday, building on its rebound in London. Investors revisited the water utility’s £800 million share sale and bigger infrastructure plan. Thames Water’s ongoing rescue talks kept sector risk in focus. The North West England water and wastewater group traded up 23 pence to 1,329 pence, a gain of 1.76%, as of 14:01 BST. Shares started at 1,306 pence and have touched as high as 1,497 pence in the past year. Market data valued the firm at roughly £9.88 billion.