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Peaboby Energy reviews options for $3.78 bln deal with Anglo American, shares rise

ReutersApr 9, 2025 2:37 PM

Shares of U.S.-based coal producer Peabody Energy BTU.N rise 3.3% to $11.64

Co said on Tuesday it was reviewing options for the $3.78 billion deal with Anglo American AAL.L after a fire halted production at a mine which was included in the deal

BTU said it was in conversation with AAL to understand the impacts of the event and would preserve all rights and protections under its purchase agreements

Deal included a payment of $2.05 billion at completion, deferred cash consideration of $725 million and another potential $550 million

Including session's moves, shares down 39.54% YTD

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