Anglo to Sell Its Coal Business in $3.8 Billion Peabody Deal
3 days ago · Anglo American Plc agreed to sell its steelmaking coal business to Peabody Energy Corp. for a fee that could rise to as much as $3.78 billion, as the miner’s restructuring gathers pace.
Anglo American sells remaining coal assets for $3.8bn in first …
3 days ago · Anglo said the $3.78bn sale included $2.73bn in cash — $2.05bn upfront on completion of the transaction and $725mn deferred and payable in instalments over the next four years. The deal also ...
Anglo American to Sell 6.6% of Amplats Ahead of Spinoff
2 days ago · Anglo American Plc is selling another chunk of its platinum business, in a move aimed at increasing the South African unit’s free float ahead of a full exit. The British mining group is offering ...
Peabody Lines Up $2.1 Billion Loan to Buy Anglo’s Coal Mines
2 days ago · Peabody Energy Corp. has obtained a $2.075 billion bridge loan from a mix of banks and private credit to back its acquisition of Anglo American Plc ’s steelmaking coal business. The US miner ...
Anglo American: Portfolio Simplification Means A Special Situation
4 days ago · Basic Materials. Anglo American: Portfolio Simplification Means A Special Situation. Nov. 24, 2024 3:01 AM ETAnglo American plc (NGLOY) StockBHP. The Global Investor. 1.62KFollowers. Follow ...
Exclusive: Anglo unveils hiring freeze, document shows, after …
SYDNEY, May 16 (Reuters) - Anglo American (AAL.L) has suspended hiring globally, it said on Thursday, as it gets plans underway to simplify itself and build value - and avert a $43 billion...
Anglo American nets over $400 mln from platinum unit share …
Sep 11, 2024 · Miner Anglo American on Wednesday said one of its subsidiaries has raised 7.2 billion rand ($403.21 million) from the sale of about a 5.3% stake in Anglo American Platinum (Amplats) as part...
Anglo American plans $1.8 billion spending cuts to arrest downturn
LONDON, Dec 8 (Reuters) - Global miner Anglo American (AAL.L) aims to cut capital expenditure by $1.8 billion by 2026, it said on Friday, as it grapples with a fall in demand for most of the...
Anglo American under fire over cost cuts at Yorkshire fertiliser mine
May 30, 2024 · Anglo American is facing political opposition over plans to slash spending on a multibillion-pound mining project in the north of England — a crucial move by boss Duncan Wanblad to fend off a...
Anglo American set to be bought or broken up after rejecting …
Apr 26, 2024 · Investors believe mining company Anglo American is set to be bought or broken up even after the 107-year-old London-listed group rejected a £31bn hostile takeover approach from Australian rival...