Anglo American sells coal assets to Peabody for $3.8bn
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.
HONG KONG, April 14 (Reuters) – China Shenhua Energy Co (1088.HK) (601088.SS), the country’s biggest coal producer, said on Tuesday its commercial coal production rose 16 percent in the first quarter but sales were steady….jmore at Reuters.com