Most bets are on Anglo to get a deal done

摘要

What lies ahead for the Canadian coal industry in the merger and acquisition department? It could be monumental, sources in British Columbia tell Coal Americas. Think of an Australian-Canadian merger that would control more than 25 percent of the world's seaborne metallurgical coal trade. BHP Billiton is often mentioned as a possible suitor for Walter Energy, which owns Western Coal's metallurgical mines in northeastern British Columbia. Observers in British Columbia believe BHP Billiton is, indeed, interested in acquiring Walter Energy. However, most bets are on Anglo American to actually get a deal done.