Peabody, Coronado End Talks Over $6 Billion Deal

2 weeks ago 13

SYDNEY— Peabody Energy Corp. and Coronado Global Resources Inc. person ended talks implicit combining to make a caller planetary ember elephantine valued astatine astir $6 billion.

Peabody, the largest U.S. ember producer, and Coronado connected Monday said they had agreed to extremity discussions implicit a operation that would person brought unneurotic assets from North America to Australia. Neither institution gave a crushed for the nonaccomplishment of the talks oregon disclosed the fiscal presumption that had been proposed.

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