BRIEF-Anglo To Sell Australian Steelmaking Coal Mines To Peabody For Up To $3.8 Bln​

Reuters
25 Nov 2024
BRIEF-Anglo To Sell Australian Steelmaking Coal Mines To <a href="https://laohu8.com/S/BTU">Peabody</a> For Up To $3.8 Bln​

Nov 25 (Reuters) - Anglo American PLC AAL.L:

  • ANGLO AMERICAN TO SELL STEELMAKING COAL BUSINESS

  • TO GENERATE UP TO $4.9 BILLION FROM COAL BUSINESS SALE

  • TO SELL COAL MINES TO PEABODY FOR UP TO $3.775 BILLION

  • PEABODY TO PAY $2.05 BILLION UPFRONT, $725 MILLION DEFERRED FOR COAL MINES

  • TRANSACTION COMPLETION EXPECTED BY Q3 2025

Source text: ID:nRSY4847Na

Further company coverage: AAL.L

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10