Anglo American Sells Remaining Coal Assets to Peabody Energy

Peabody secures $2.1bn loan to acquire Anglo American’s coal operations
Peabody Energy has secured a $2.08bn bridge loan to facilitate the acquisition of Anglo American's steelmaking coal business, Bloomberg reported. The loan, arranged with a consortium of banks and private credit lenders,
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 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.
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.
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.
Peabody goes big on met with Anglo coal assets acquisition, says B. Riley
B. Riley analyst Lucas Pipes notes Peabody Energy (BTU) announced that it will acquire certain met coal assets of Anglo American (NGLOY) for an
Anglo American sells remaining coal assets for $3.8bn in first stage of restructuring
US miner Peabody Energy has agreed to buy Anglo American’s remaining steelmaking coal mines in Australia for up to $3.78bn, securing a key first milestone in Anglo’s radical restructuring plan. The transaction is the first of four big business divestments that the company promised in May after it fought off a £39bn hostile takeover attempt from BHP.
Anglo American to sell steelmaking coal business for up to $3.775 billion to Peabody Energy
Anglo American on Monday said it’s reached a deal to sell its steelmaking coal business to Peabody Energy for up to $3.775 billion in cash. Peabody will pay $2.05 billion at completion, deferred cash of $725 million,
Anglo American Exits Steel Coal Mining With Australian Sale
Mining group Anglo American on Monday said it had agreed to offload its remaining Australian coal mines for steelmaking to US group Peabody Energy for up to US$3.8 billion.
Anglo American exits steelmaking coal business with $3.9bn asset sale
Anglo American now intends to sell the rest of the portfolio to Peabody Energy, a coal mining firm headquartered in St Louis, Missouri, for $2.05billion upfront and a deferred payment of $725million.
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Analysts Offer Insights on Energy Companies: Peabody Energy Comm (BTU) and EQT (EQT)
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