Peabody to Acquire Tier 1 Australian Metallurgical Coal Assets from Anglo American
Peabody(BTU) Prnewswire·2024-11-25 07:05
Transforms Peabody into a leading global seaborne metallurgical coal producer with Tier 1 mines1 near the world's strongest steel markets Transaction represents an attractive 3.1x times enterprise-value-to-2026 EBITDA multiple Delivers significant cash flow accretion to Peabody across all time periods Positions Peabody to capture substantial synergies and enhance margins Enables continuing capital allocation balance between shareholder returns and reinvestment in the portfolio Company to host conference ...