Peabody rises after terminating planned acquisition with Anglo American
ReutersAug 19, 2025 11:38 AM
Shares of coal miner Peabody Energy BTU.N up 6.4% at $18.20 premarket
Company terminates its $3.78 billion bid for Anglo American's AAL.L coking coal mines, citing a "material adverse change" related to the coal assets
BTU says the decision to terminate the transaction comes nearly five months after an ignition event occurred at Anglo's Moranbah North Mine
As of last close, shares were down 18.34% YTD
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