Why Shares of Evoqua Water Technologies Surged This Week

Why Shares of Evoqua Water Technologies Surged This Week

Shares in water and wastewater treatment solutions company Evoqua Water Technologies (NYSE: AQUA) rose 15.5% this week through Thursday. The big news was Xylem's (NYSE: XYL) acquisition of the company in an all-stock transaction valuing Evoqua at around $7.5 billion. Xylem generates 55% of its sales internationally.