ST. LOUIS, Dec. 7, 2011 /PRNewswire/ -- Peabody Energy
today announced that it has acquired a 5.1 percent equity interest in Winsway Coking Coal Holdings Ltd. in a series of purchases of Winsway's shares on the Hong Kong Stock Exchange. The move further strengthens the strategic partnership between the two companies.
Peabody and Winsway currently operate a joint venture in Mongolia that holds coal and uranium licenses in
ST. LOUIS, Dec. 6, 2011 /PRNewswire/ -- Peabody Energy announced today it has named Allen T. Capdeboscq as Vice President of Financial and Capital Planning and Amy B. Schwetz as Vice President of Investor Relations.
Schwetz will lead communication of Peabody's activities with the investment community, including financial communications, messaging, shareholder analysis and targeting, and investor and sell-side analyst
ST. LOUIS, Nov. 22, 2011 /PRNewswire/ -- Peabody Energy announced today it has named Chris A. Shelton as Vice President of Applied Technology.
Shelton will lead a team of technical and engineering professionals to implement solutions that enhance operational performance across Peabody's global platform. In this role, he will oversee the use of data and analytics, mining technology and monitoring systems to strengthen
Peabody Energy today announced that PEAMCoal Pty Ltd has begun the process of a compulsory acquisition of all outstanding shares of Macarthur Coal Limited. after obtaining a relevant interest in more than 90 percent of the shares. All Macarthur shareholders will now be entitled to receive the increased offer price of A$16.25 per share, consistent with the company's prior announcements.
ST LOUIS, Nov. 7, 2011 /PRNewswire/ -- Peabody Energy announced today the pricing of its offering of $3.1 billion aggregate principal amount of senior notes, comprised of $1.6 billion of 6% senior notes due 2018 and $1.5 billion of 6.25% senior notes due 2021.
Peabody intends to use the net proceeds from the sale of the notes, together with other sources of financing, to fund the acquisition of Macarthur Coal Limited and
ST. LOUIS, Nov. 7, 2011 /PRNewswire/ -- Peabody Energy
today announced the relocation of the Office of the Executive Vice President and Chief Operating Officer, headed by Eric Ford, to Brisbane, Australia. This move reflects the significant and growing contributions of the company's Australian operating platform. It comes against the backdrop of the successful acquisition of Macarthur Coal, the leading producer of [...]
ST LOUIS, Nov. 7, 2011 /PRNewswire/ -- Peabody Energy announced today that, subject to market conditions, it intends to offer $2.75 billion aggregate principal amount of senior unsecured notes due in 2018 and 2021 in a private placement to eligible purchasers.
Subject to the successful completion of this offering, Peabody intends to use the net proceeds from the sale of the notes, together with other sources of financing
ST. LOUIS, Oct. 26, 2011 /PRNewswire/ -- Peabody Energy
today was honored as 'Employer of the Year' by AAIM Employers' Association (EA), one of the nation's largest employers' associations. The award recognizes great employers that sustain outstanding working environments, inclusive and collaborative cultures and significant career development opportunities. Three honors were presented based on organizational size, with [...]
- Revenues rise 9% to record $2.04 billion- EBITDA totals $504 million with operating profit of $376 million- Diluted EPS is $1.01 with adjusted diluted EPS of $0.87- Cash flow from operations increases 34% to $575 million- Targeting record year with expected EBITDA of $2.125 - $2.325 billion and adjusted diluted EPS of $3.70 - $4.15
ST. LOUIS, Oct. 24, 2011 /PRNewswire/ -- On Tuesday, Oct. 25, 2011, Peabody Energy management will provide an update on the proposed Macarthur takeover, in conjunction with the previously announced quarterly results conference call. A presentation will be available for download prior to the call on PeabodyEnergy.com. The conference call with management is scheduled for 10 a.m. CDT on Tuesday, Oct. 25.
ST. LOUIS and LUXEMBOURG, Oct. 24, 2011 /PRNewswire/ -- Peabody Energy
and ArcelorMittal today announced they have achieved majority control of Macarthur Coal Ltd following acceptances under PEAMCoal Pty Ltd's takeover bid in respect of more than 50.01% of the Macarthur shares.
PEAMCoal Pty Ltd disclosed today that it has a relevant interest in approximately 59.85% of the Macarthur shares, excluding shares subject to
Peabody Energy and ArcelorMittal today announced that CRH and CITIC Group have confirmed that they intend to accept the A$16.00 all-cash takeover offer for Macarthur Coal Ltd. With these acceptances, PEAMCoal will control more than 49% of Macarthur Coal shares, and intends to declare the offer unconditional upon obtaining control of 50.01% of Macarthur shares. PEAMCoal also announced that it will increase the offer price [...]