Peabody Energy (BTU) Completes Wards Well Acquisition

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Peabody Announces Completion of Wards Well Acquisition

April 16, 2024 6:58 AM EDT

ST. LOUIS, April 16, 2024 /PRNewswire/ -- Peabody (NYSE: BTU) today announced the completion of the previously announced Wards Well acquisition. In October, the company reached an agreement to acquire a large portion of the Wards Well coal deposit immediately adjacent to the company's Centurion Mine Complex, for cash consideration of $136 million and a contingent royalty of up to $200 million payable after recovery... More