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Arch Resources and Consol Energy To Merge, Create $5.2B Coal Producer
ARCHArch Resources(ARCH) Investopedia·2024-08-21 17:31

Key TakeawaysArch Resources and Consol Energy will merge in 2025 to create Core Natural Resources.The combined coal producer will operate 11 mines and have access to a global distribution network.Core Natural Resources would have a market cap of about $5.2 billion if realized today. Arch Resources (ARCH) and Consol Energy (CEIX) are merging in an all-stock deal, the two coal miners said Wednesday. The companies, who have a combined market cap of about $5.2 billion, said the all-stock merger of equals will c ...