Street Talk understands Peabody Energy’s chief executive, James Grech, flew to Japan in mid-December to meet dealmakers from Mitsui, Nippon Steel & Sumitomo Metal Corporation (NSSMC), JFE and Kobe Steel. These energy and resources players are minority shareholders inAnglo American’s coal mines and hold pre-emption rights that allow them to match Peabody’s bid for individual mines. |