Peabody Energy falls even

Peabody Energy falls even as analysts see deal for Anglo's coal assets positively
Peabody Energy (NYSE:BTU) -7.2% in Monday's trading after it agreed to buy Anglo American's (OTCQX:AAUKF) (OTCQX:NGLOY) coal business for nearly $3.8B, even while analysts appear to react positively to the deal.
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.
Peabody Energy Stock Drops After Coal Deal. Anglo American’s Breakup Begins.
The company is paying up to $3.8 billion in cash for the Anglo assets, which Peabody said will increase its metallurgical coal production to as much as 22 million tons in 2026 from an estimated 7.4 million tons in 2024,
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.
Anglo American Exits Coal With $3.8B Sale To Peabody Energy
Anglo American is selling its remaining steelmaking coal assets for up to $3.8 billion to U.S. firm Peabody Energy, as the London-listed mining giant restructures its business after rejecting several takeover bids by rival BHP.
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 to Sell Australian Coal Mines to Peabody for up to $3.78 Billion
(Reuters) -Anglo American on Monday agreed to sell its Australian steelmaking coal mines to Peabody Energy for a cash consideration of up to $3.78 billion, in its first major disposal as part of a wider restructuring plan.
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.
US Coal Miner Peabody Targets World Steel Market With Anglo Deal
With US demand for coal waning, Peabody Energy Corp., has struck a deal to shift its focus on targeting growth in the global steel market.
Anglo American Sells Coal Business to Peabody Energy
Anglo American (GB:AAL) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now
Peabody Energy Shares Slip on Anglo American Asset Acquisition
Shares of Peabody Energy fell after the company said it would buy Anglo American's remaining steelmaking coal assets for up to $3.775 billion. The stock was down 7% at $25.48 in premarket trading. Shares had gained 13% year-to-date when the market closed last week.
Peabody secures $2B-plus loan from banks, private credit to buy Anglo coal business
Peabody Energy secures $2.075B bridge loan for acquisition of Anglo American's coal business, plans to refinance before ...
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 ...
Banks and credit funds lining up for Peabody refinancing deal
The next chapter for Peabody Energy following its acquisition of Anglo American’s coal mines for up to $5.8bn will be funding ...
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Former coal mine land to host 5.5 GW of solar as Peabody partners with RWE
Peabody and RWE are teaming up to develop 5.5 GW of solar and energy storage projects on former mining land in the Midwest.
Stock Traders Purchase Large Volume of Put Options on Peabody Energy (NYSE:BTU)
Peabody Energy Co. (NYSE:BTU – Get Free Report) saw unusually large options trading on Tuesday. Traders purchased 23,268 put options on the stock. This is an increase of 92% compared to the average ...
Analysts Offer Insights on Energy Companies: Peabody Energy Comm (BTU) and EQT (EQT)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Peabody Energy Comm (BTU – Research Report) and EQT ...
These Stocks Are Moving the Most Today: Super Micro Computer, Snowflake, Palantir, MicroStrategy, Peabody Energy, and More
Shares of Super Micro Computer extend last week’s sharp gains, Snowflake stock is upgraded, and MicroStrategy may soon unveil ...
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RWE to acquire majority stake in 5.5GW solar storage JV in US
German energy group RWE has agreed to acquire a majority stake in R3 Renewables, a joint venture (JV) of US coal miner ...