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Marlowe builds out its water business

The group has been investing in water treatment companies in a bid to build route density
August 29, 2018

Environmental services outsourcer Marlowe has acquired Suez Water Conditioning for £4.5m, strengthening its operations in the water industry. Analysts made no changes to their estimates in response to the news, but it prompted a 4 per cent jump in the share price to 530p.

IC TIP: Hold at 530p
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