CAPITAL MARKETS

Peabody seals RAG deal

PEABODY Energy has signed definitive agreements to purchase RAG Coal International’s North Goonyella and Burton mines in Queensland and the Twentymile mine in Colorado for US$441 million.

Angie Tomlinson
Peabody seals RAG deal

Closing on the transactions is expected within the next three months and requires no additional US or Australian regulatory approvals. The combined purchase price is US$441 million in cash, and no debt...

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