Anglo American Said to Weigh Counterbid for Macarthur Coal

Anglo American Plc is exploring a bid for Macarthur Coal Ltd. that would challenge Peabody Energy Corp.’s A$4.7 billion ($4.9 billion) offer for the Australian miner, said two people with knowledge of the matter.

Anglo American, part owner of the world’s biggest platinum and diamond producers, is studying Macarthur’s finances, said one of the people, who declined to be identified as the talks are private.