US EditionAnglo will be "pragmatic" in getting Peabody deal over the line
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Anglo will be "pragmatic" in getting Peabody deal over the line
ANGLO American CEO Duncan Wanblad said he would be “pragmatic” about selling the firm’s metallurgical coal assets in Australia amid a dispute with buyer, Peabody Energy. In November, Anglo American announced it would sell the bulk of its coal assets to the US coal miner for $3.8bn in cash. But in May this year, Peabody raised concerns about completing the deal saying an ‘ignition event’ (fire) in March at one of the Anglo mines for sale – Moranb…
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