{"id":3377,"date":"2022-10-14T15:59:40","date_gmt":"2022-10-14T15:59:40","guid":{"rendered":"https:\/\/northamericanmining.com\/?p=3377"},"modified":"2022-10-31T19:03:38","modified_gmt":"2022-10-31T19:03:38","slug":"peabody-coronado-in-talks-to-merge","status":"publish","type":"post","link":"https:\/\/northamericanmining.com\/index.php\/2022\/10\/14\/peabody-coronado-in-talks-to-merge\/","title":{"rendered":"Peabody, Coronado in talks to merge"},"content":{"rendered":"\n

Following media reports speculating on rumors of a deal, Coronado Global Resources confirmed it is indeed in talks with Peabody Energy regarding a potential transaction.<\/p>\n\n\n\n\n\n\n\n

Brisbane, Australia-headquartered Coronado entered a statement with the Australian Stock Exchange (ASX) indicating \u201cconfidential discussions\u2026regarding a potential combination transaction\u201d are ongoing.<\/p>\n\n\n\n

\u201cHowever, as no transaction has been agreed and the discussions are ongoing, Coronado is not yet in a position to provide further details. There is no certainty that the discussions will lead to a transaction,\u201d it added.<\/p>\n\n\n

\"\"<\/p>\n\n\n

Peabody has not yet released a public statement. A Financial Review<\/em> report said the transaction could be worth $9.2 billion.<\/p>\n\n\n\n

Coronado said it plans to keep the market informed in accordance with its continuous disclosure obligations.<\/p>\n\n\n\n

Sources: <\/em>Coronado Global Resources<\/em><\/a>and <\/em>Financial Review<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Following media reports speculating on rumors of a deal, Coronado Global Resources confirmed it is indeed in talks with Peabody Energy regarding a potential transaction.<\/p>\n","protected":false},"author":1,"featured_media":3378,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[495,12],"tags":[1407,679,1515],"coauthors":[],"class_list":["post-3377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-the-headlines","tag-coronado-global-resources","tag-merger","tag-peabody-energy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t