UK's Anglo American falls after Peabody says may scrap deal to buy some coal assets
ReutersMay 6, 2025 7:14 AM
Shares of Anglo American AAL.L down 1.5% at 2103.5 pence
Stock top loser on FTSE 100 index .FTSE
Peabody Energy BTU.N says may terminate deal to buy Anglo's Australian steelmaking coal assets due to issues at Moranbah North mine
Anglo says does not believe mine stoppage constitutes a Material Adverse Change per deal terms and is work with Peabody to close the deal
YTD AAL down about 9.6%
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