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Stock impact report

Anglo Agrees to Sell the Rest of Its Steelmaking Coal Business [Yahoo! Finance]

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg NYC's Underground Steam System May Be Key to a Greener Future In Kansas City, a First-Ever Stadium Designed for Women's Sports Takes the Field NYC Gets Historic Push for 80,000 Homes With $5 Billion Pledge NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes Record NYC Thanksgiving Travel Signals Airport, Traffic Mess The company has agreed to sell its portfolio of steelmaking coal mines in Australia to Peabody Energy, in a deal that could rise to as much as $3.775 billion in cash, Anglo said Monday in a statement. Anglo announced a restructuring earlier this year as part of a successful rebuttal of a $49 billion approach from BHP Group, the world's biggest miner. That plan centered around exiting diamond mining by spinning off or selling its De Beers unit, separating its platinum operations and selling its coal mines. Most Read from Bloomberg Businessweek What Happens When US Hospitals Go Big on Nurse Practitioners Why the Show less Read more
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