Peabody to buy Anglo American’s Australian metallurgical coal assets in $3.78B deal


Coal falling from the moving belt conveyor into the big pile

keni1/iStock via Getty Images

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, the company said Monday.

Peabody has agreed to pay cash


Leave a Comment