Global coal M&A activity August 2018: deal implied prices move higher
Global coal M&A spend (ex. China and India) continued to strengthen in 2018, largely due to Rio Tinto's exit from coal. In this insight we take a closer look at the key deals and their drivers as well as an outlook on future activity. Stronger coal prices in 2018 have bolstered cashflows and confidence which has resulted in rising deal implied transaction prices.