Peabody operates as a housing association. The company owns, manages, and rents homes, as well as provides resident services, parking and garages, repairs, health and safety, safer communities, resident publications, landscaping, and local services. Peabody serves communities in the United Kingdom. It is based in London, England.
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Latest Peabody News
Nov 7, 2022
Nasdaq What happened Shares of Peabody (NYSE: BTU) popped 11% on Monday after the coal miner called off its merger talks with Coronado Global Resources. So what The two companies agreed to end their plans to form a global coal empire by combining their assets in the U.S. and Australia. No reason was given for the decision. Leading U.S. coal producer Peabody and Australia-based Coronado had been in talks since at least Oct. 12, according to a regulatory filing. Peabody has mining operations in multiple U.S. states and Australia. Coronado, meanwhile, operates mines in Queensland, Australia, as well as Virginia, West Virginia, and Pennsylvania. AD AD A merger was expected to allow the combined company to cut costs and boost operational efficiencies. Additionally, it would've been in a stronger position to profit from higher coal prices brought about in part by Russia's war with Ukraine, which is driving many governments to seek energy supply deals with other producers.
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Where is Peabody's headquarters?
Peabody's headquarters is located at 45 Westminster Bridge Road, London.
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