Anglo Remains in Talks to Sell Coal Assets to Peabody After Fire
Anglo American Plc said it's still in talks with Peabody Energy Corp. to sell its coal portfolio for $3.78 billion, adding that a fire at its Australian operations hadn't caused damage.
'Anglo American continues to work with Peabody towards satisfying the remaining customary conditions in those agreements that are required for completion of the transaction,' the London-based miner said in statement Thursday. Conditions in the mine 'remain stable, with data and camera footage showing no evidence of damage,' it added.
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See Purdue's 50-year plan to transform downtown Indianapolis campus with high-rises
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