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Anglo Suffers Hit as Peabody Scraps $3.8 Billion Coal Deal

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Will Wade, Paul-Alain Hunt, Thomas Biesheuvel

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August 19, 2025

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Bloomberg

Anglo American Plc suffered a major setback to its restructuring plans after Peabody Energy Corp. decided to walk away from a $3.8 billion deal to buy its steelmaking coal business following a fire at an Australian mine.

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