Deals
Walter Energy Jumps After Report Anglo, BHP Mulling Bids
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Walter Energy Inc., a producer of steelmaking coal in southern Appalachia, jumped as much as 30 percent after the London-based Times said Anglo American Plc may be considering a takeover bid.
Anglo is said to be weighing a $120-a-share offer, the Times said in its market report without citing anyone. BHP Billiton Ltd. is also interested in Walter, the Times said.