Xylem Inc., a New York water technology company, wants to increase its revenue from emerging markets, according to a Citigroup Inc. analyst, citing a management dinner with new Chief Executive Officer Patrick Decker.
Desalitech Ltd., a developer of desalination and industrial water-treatment technologies, signed a memorandum of understanding with Veolia Environnement SA that may lead to using its reverse-osmosis systems in Mexico.
Brandon Freiman was sizing up water investments for KKR & Co.’s $4.6 billion infrastructure fund in 2011 when he came across a debt-burdened New Jersey city that Tony Soprano skirts by to open the Time Warner Inc. HBO series.
Xylem Inc., the water company whose pumps helped clean tunnels in New York flooded by Hurricane Sandy, surged the most since being spun off from ITT Corp. two years ago after raising annual earnings and sales forecasts.
American Water Works Co. may be among the companies that most benefit from regulatory and industry changes after the chemical spill on West Virginia’s Elk River, according to Brean Capital analyst Michael Gaugler.