Insight
Global coal M&A activity: October 2016
Loading current market price
Report summary
Coal M&A spend remains at historical lows this year with only a few large size transactions concluded.However, for the few buyers able to secure assets this year, we asses deal-implied prices were struck at between US$75-101/tonne for metallurgical coal and US$48-71/tonne. With the recovery in coal prices in Q3, most of the recent deals appear to have been well-timed in the cycle.
What's included
This report contains
Table of contents
- Executive summary
- Subdued M&A activity in 2016 still a long way off historical highs
- Spot prices surge above implied deal prices
- Discounts required to get deals over the line
- Operating assets favoured in bets on price recovery
Tables and charts
This report includes 7 images and tables including:
Images
- Acquisition spend by region
- Number of deals by region
- Global coal M&A activity: October 2016: Image 3
- Implied long-term (adjusted) coal price (deal by deal) vs. Argus HCC monthly average
- Average premiums/discounts paid by region compared with GEM valuation
- Acquisition spend by status
- Number of deals by status
You may be interested in
Commodity market report
Global thermal coal short-term outlook April 2018: China import curbs change price direction
Commodity market report
Global metallurgical coal short-term outlook April 2018: what goes up comes down?
Questions about this report?
-
Europe:+44 131 243 4699
-
Americas:+1 713 470 1900
-
Asia Pacific:+61 2 8224 8898