Peabody overnight: Definitive timeline or we might be out
Small fire at Moranbah North could end up burning the $6.4B Anglo sale agreement
Peabody has threatened to terminate its $6.4 billion deal to buy Anglo American’s Bowen basin coal mines.
In an overnight statement, the company classified the Moranbah North fire and subsequent evacuation and closure as a material event that changed the sale agreement between the companies.
“Peabody has notified Anglo American of a Material Adverse Chang…
