April 26, 2018 / 12:44 PM / 8 months ago

BRIEF-California Water Service Group Confirms Proposal To Acquire SJW Group For $68.25 Per Share In Cash

April 26 (Reuters) - California Water Service Group:

* CALIFORNIA WATER SERVICE GROUP CONFIRMS PROPOSAL TO ACQUIRE SJW GROUP FOR $68.25 PER SHARE IN CASH

* CALIFORNIA WATER SERVICE GROUP - ALL-CASH TRANSACTION VALUED AT APPROXIMATELY $1.9 BILLION INCLUDING ASSUMPTION OF DEBT

* CALIFORNIA WATER SERVICE GROUP - CALIFORNIA WATER IS CONFIDENT OF ITS ABILITY TO OBTAIN TIMELY REGULATORY APPROVAL AND TO FINANCE TRANSACTION Source text for Eikon: Further company coverage:

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