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Anglo American plc, Peabody
Peabody to buy Anglo American's Australian metallurgical coal assets in $3.78B deal
Peabody (NYSE:BTU) to acquire steelmaking coal assets from Anglo American (OTCQX:AAUKF) in a $3.78 billion deal that accelerates its strategy to reweight its global coal portfolio toward seaborne metallurgical coal,
US Coal Miner Peabody Targets World Steel Market With Anglo Deal
With US demand for coal waning, Peabody Energy Corp. has struck a deal to shift its focus on targeting growth in the global steel market.
Anglo American Sells Remaining Coal Assets to Peabody Energy for Up to $3.8 Billion
Anglo American signed a deal to sell its remaining steelmaking coal assets to U.S. miner Peabody Energy for up to $3.8 billion, the first major step in its large-scale business reshaping.
Anglo American to sell steelmaking coal assets to Peabody Energy for $3.8 billion
Anglo American’s deal sits in line with the mining company’s plans to refocus its business on copper, iron ore and crop nutrients.
Anglo to Sell Its Coal Business in $3.8 Billion Peabody Deal
Anglo American Plc said it’s agreed to sell its steelmaking coal business for about $4.9 billion, including the already announced sale of its interest in Jellinbah Group.
Peabody secures $2.1bn loan to acquire Anglo American’s coal operations
"Peabody secures $2.1bn loan to acquire Anglo American’s coal operations" was originally created and published by Mining Technology, a GlobalData owned brand.
Anglo American Exits Coal With $3.8B Sale To Peabody Energy
Anglo American is selling its remaining steelmaking coal assets for up to $3.8 billion to U.S. firm Peabody Energy, as the London-listed mining giant restructures its business after rejecting several takeover bids by rival BHP.
Peabody Lines Up $2.1 Billion Loan to Buy Anglo’s Coal Mines
Peabody Energy Corp. has obtained a $2.075 billion bridge loan from a mix of banks and private credit to back its acquisition of Anglo American Plc’s steelmaking coal business. Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City,
Peabody to acquire Anglo American’s steel-making coal assets in Australia for $2.32bn
"Peabody to acquire Anglo American’s steel-making coal assets in Australia for $2.32bn" was originally created and published by Mining Technology, a GlobalData owned brand.
Anglo to Sell Australian Coal Mines to Peabody for up to $3.78 Billion
(Reuters) -Anglo American on Monday agreed to sell its Australian steelmaking coal mines to Peabody Energy for a cash consideration of up to $3.78 billion, in its first major disposal as part of a wider restructuring plan.
Anglo American sells coal assets to Peabody for $3.8bn
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.
Electrek
5d
Former coal mine land to host 5.5 GW of solar as Peabody partners with RWE
Peabody and RWE are teaming up to develop 5.5 GW of solar and energy storage projects on former mining land in the Midwest.
4d
Analysts Offer Insights on Energy Companies: Peabody Energy Comm (BTU) and EQT (EQT)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Peabody Energy Comm (BTU – Research Report) and EQT ...
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