Risk of Anglo American Coal Deal Falling Apart Has Risen, Jefferies Says -- Market Talk

Dow Jones

May 07

0545 GMT - The risk that Peabody's planned takeover of Anglo American's metallurgical coal assets fails has materially increased, according to Jefferies analyst Christopher LaFemina. "In the case of Anglo, this deal not closing would be a significant negative, as the value of these assets would have materially declined from the agreed transaction price," LaFemina says. For Peabody, it would be a positive, "as securing [circa] $2 billion of needed long-term financing in today's coal market environment would be very expensive," he says. Peabody's share price has fallen sharply since the deal was announced, and metallurgical coal prices have collapsed, says LaFemina. The up-to $3.78 billion deal has come under scrutiny after a recent fire at one of the mines Anglo American intends to sell. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

May 07, 2025 01:45 ET (05:45 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2533623348"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2533623348\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2533623348?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-07 13:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2533623348","market":"us","top_or_hot":-1,"title":"Risk of Anglo American Coal Deal Falling Apart Has Risen, Jefferies Says -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0545 GMT - The risk that <a href=\"https://laohu8.com/S/BTU\">Peabody</a>'s planned takeover of Anglo American's metallurgical coal assets fails has materially increased, according to Jefferies analyst Christopher LaFemina. \"In the case of Anglo, this deal not closing would be a significant negative, as the value of these assets would have materially declined from the agreed transaction price,\" LaFemina says. For Peabody, it would be a positive, \"as securing [circa] $2 billion of needed long-term financing in today's coal market environment would be very expensive,\" he says. Peabody's share price has fallen sharply since the deal was announced, and metallurgical coal prices have collapsed, says LaFemina. The up-to $3.78 billion deal has come under scrutiny after a recent fire at one of the mines Anglo American intends to sell. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2025 01:45 ET (05:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Risk of Anglo American Coal Deal Falling Apart Has Risen, Jefferies Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRisk of Anglo American Coal Deal Falling Apart Has Risen, Jefferies Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-07 13:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0545 GMT - The risk that <a href=\"https://laohu8.com/S/BTU\">Peabody</a>'s planned takeover of Anglo American's metallurgical coal assets fails has materially increased, according to Jefferies analyst Christopher LaFemina. \"In the case of Anglo, this deal not closing would be a significant negative, as the value of these assets would have materially declined from the agreed transaction price,\" LaFemina says. For Peabody, it would be a positive, \"as securing [circa] $2 billion of needed long-term financing in today's coal market environment would be very expensive,\" he says. Peabody's share price has fallen sharply since the deal was announced, and metallurgical coal prices have collapsed, says LaFemina. The up-to $3.78 billion deal has come under scrutiny after a recent fire at one of the mines Anglo American intends to sell. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2025 01:45 ET (05:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4107","symbol_name":"财产与意外伤害保险","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533623348","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533623348","pubTimestamp":1746596700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0545 GMT - The risk that Peabody's planned takeover of Anglo American's metallurgical coal assets fails has materially increased, according to Jefferies analyst Christopher LaFemina. \"In the case of Anglo, this deal not closing would be a significant negative, as the value of these assets would have materially declined from the agreed transaction price,\" LaFemina says. For Peabody, it would be a positive, \"as securing [circa] $2 billion of needed long-term financing in today's coal market environment would be very expensive,\" he says. Peabody's share price has fallen sharply since the deal was announced, and metallurgical coal prices have collapsed, says LaFemina. The up-to $3.78 billion deal has come under scrutiny after a recent fire at one of the mines Anglo American intends to sell. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4107":"财产与意外伤害保险","BK4156":"煤与消费用燃料","BK4117":"多元化保险","BK4588":"碎股","BTU":"Peabody","BK4585":"ETF&股票定投概念","BK4168":"多种金属与采矿","AFG":"美国金融集团有限公司","NGLOY":"Anglo American plc"},"translate_title":"杰富瑞表示，英美资源集团煤炭交易失败的风险已经上升——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AFG":1,"BTU":0.9,"NGLOY":0.9},"content_text":"0545 GMT - The risk that Peabody's planned takeover of Anglo American's metallurgical coal assets fails has materially increased, according to Jefferies analyst Christopher LaFemina. \"In the case of Anglo, this deal not closing would be a significant negative, as the value of these assets would have materially declined from the agreed transaction price,\" LaFemina says. For Peabody, it would be a positive, \"as securing [circa] $2 billion of needed long-term financing in today's coal market environment would be very expensive,\" he says. Peabody's share price has fallen sharply since the deal was announced, and metallurgical coal prices have collapsed, says LaFemina. The up-to $3.78 billion deal has come under scrutiny after a recent fire at one of the mines Anglo American intends to sell. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 07, 2025 01:45 ET (05:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}