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Superior Water to acquire ALE in cash merger

PRIVATESep 03, 2026

Acquiring Company

Superior Water Light and Power

Acquired Company

ALE

City Of SuperiorZvulun Regional CouncilEnergyWaterEnergy

Description

ALE has completed a cash merger with Superior Water, Light and Power, resulting in shareholders receiving 67 USD per share. As a result, ALE stock has been removed from trading and no longer exists as an independent entity. This merger marks the end of ALE's corporate presence in the market, with all former shareholders compensated in cash.

Quick answer

Superior Water Light and Power is acquiring ALE, announced September 3, 2026. Superior Water Light and Power is based in City Of Superior, Wisconsin, United States.

How much did Superior Water Light and Power pay for ALE?
The deal value was not disclosed.
What does Superior Water Light and Power do?
Superior Water, Light and Power is a utility company that has been providing services in electricity generation and distribution.
Where are Superior Water Light and Power and ALE based?
Superior Water Light and Power is based in City Of Superior, Wisconsin, United States. ALE is based in Zvulun Regional Council, Haifa District, Israel.
Who are the decision-makers at Superior Water Light and Power?
Fundz holds 2 contacts at Superior Water Light and Power. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Superior Water Light and Power

Location

City Of Superior, Wisconsin, United States

About

Superior Water, Light and Power is a utility company that has been providing services in electricity generation and distribution. Operated by ALE, it has a long-standing history of delivering essential infrastructure to the city of Superior. The company is recognized for its stability and capital-intensive operations in regulated markets.

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Frequently asked

Who acquired ALE?

ALE was acquired by Superior Water Light and Power, based in City Of Superior. The deal was reported on September 3, 2026. Superior Water, Light and Power is a utility company that has been providing services in electricity generation and distribution. Superior Water Light and Power is privately held and operates in Energy.

When did Superior Water Light and Power acquire ALE?

Superior Water Light and Power's acquisition of ALE was reported on September 3, 2026. ALE has completed a cash merger with Superior Water, Light and Power, resulting in shareholders receiving 67 USD per share. As a result, ALE stock has been removed from trading and no longer exists as an independent entity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ALE do?

ALE was a regional utility operator involved in electricity generation and distribution. The company served its community for many years before the completed cash merger. It is privately held, operating in Energy, and is based in Zvulun Regional Council.

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