PT Bukit Makmur Internasional agreed to acquire a 51% stake in the Dawson Complex from Peabody for $455m.

PT Bukit Makmur Internasional, a mining services company, agreed to acquire a 51% stake in the Dawson Complex from Peabody Energy Corporation, a US-based coal producer, for $455m. “The acquisition of Dawson reinforces our position in the global metallurgical coal market and builds on our recent acquisition of Atlantic Carbon Group Inc. (ACG). This move further delivers on our multi-year strategic plan to diversify into a major coal services provider and producer, leveraging the Group’s industry-leading capabilities. The Dawson Complex will support our ambition to drive long-term growth and strengthen our role as a major industry player," Ronald Sutardja, Delta Dunia Group President Director.