M&A Deal Summary

South32 Acquires Peabody Energy - Metropolitan Mine

On November 3, 2016, South32 acquired metals/mining company Peabody Energy - Metropolitan Mine from Peabody for 200M USD

Acquisition Highlights
  • This is South32’s 1st transaction in the Metals/Mining sector.
  • This is South32’s largest (disclosed) transaction.
  • This is South32’s 1st transaction in Australia.

M&A Deal Summary
Date 2016-11-03
Target Peabody Energy - Metropolitan Mine
Sector Metals/Mining
Buyer(s) South32
Sellers(s) Peabody
Deal Type Divestiture
Deal Value 200M USD

Target

Peabody Energy - Metropolitan Mine

Australia
Peabody Energy Corp. - Metropolitan Mine is a provider of coal mining at New South Wales, Australia

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Buyer(S) 1

Buyer

South32

Perth, Australia
Category Company
Founded 2000
Sector Metals/Mining
Employees9,906
Revenue 5.5B AUD (2024)
DESCRIPTION

South32 is a diversified mining and metals company with high-quality operations in Australia, Southern Africa, and South America. South32 was founded in 2000 and is based in Perth, Australia.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (Australia) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Peabody

St. Louis, Missouri, United States
Category Company
Founded 1883
Sector Energy Services and Equipment
Employees5,400
Revenue 4.9B USD (2023)
DESCRIPTION

Peabody is a coal company and a provider of sustainable mining and clean coal solutions. Peabody serves metallurgical and thermal coal customers in more than 25 countries on six continents. Peabody was founded in 1883 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 3 of 3
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 3 of 3
Country (Australia) 2 of 2
Year (2016) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-27 Blue Harvest Fisheries

New Bedford, Massachusetts, United States

Blue Harvest Fisheries is devoted to the sustainable harvesting, processing, and marketing of MSC certified premium Atlantic sea scallops. Blue Harvest is committed to harvesting seafood from only well-managed, sustainable fisheries, and further strives to have all its seafood third-party certified for sustainability. Blue Harvest Fisheries is based in New Bedford, Massachusetts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-25 Anglo American - Tier 1 Metallurgical Coal Assets

Australia

Anglo American's Tier 1 Metallurgical Coal Assets is a coal producer in Moranbah North, Grosvenor, Aquila, and Capcoal located in Australia.

Buy $2.3B
Mergr

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