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.
6:59pm BST LONDON, June 19 (Reuters) – Paul Demzik, president of U.S. coal major Peabody Energy’s Coaltrade International subsidiary recently left the company to pursue other interests, a Peabody spokeswoman said in an emailed response on Tuesday. Demzik,…