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.
BOGOTA, April 14 (Reuters) – Talks set for Tuesday between striking Colombian coal train workers and their managers were canceled, keeping alive a work stoppage that has slowed the movement of coal from mines owned by Xstrata and Drummond….more at Reuters