Anglo Agrees to Sell Rest of Its Steelmaking Coal Business

Anglo American to Sell Australian Coal Business for $3.8 Billion
Anglo American sells its Australian coal mines to Peabody Energy, marking a major step in its business restructuring focused on copper, iron ore, and crop nutrients.
Live news: Anglo American completes first stage of break-up with $3.8bn sale of Australian coal assets
Peabody Energy has won a hotly contested battle to buy Anglo American’s steelmaking coal mines in Australia for $3.78bn, completing a key first milestone in Anglo’s plan to break itself up. London-listed Anglo,
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 Sells Remaining Coal Assets to Peabody Energy for Up to $3.8 Billion
Anglo American signed a deal to sell its outstanding steelmaking coal assets to U.S. miner Peabody Energy, as the London-listed company progresses its plan to trim operations.
Anglo Agrees to Sell the Rest of Its Steelmaking Coal Business
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 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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