LISLE, Ill.--(BUSINESS WIRE)--SunCoke Energy, Inc. (NYSE: SXC) (“SunCoke”) today announced that it has completed its previously announced acquisition of Phoenix Global (“Phoenix”) for $325 million on August 1, 2025. SunCoke has acquired all of the common units of Flame Aggregator, LLC which, together with its subsidiaries, operates as Phoenix Global. The transaction was funded with cash on-hand and revolving credit facility borrowing. The acquisition of Phoenix adds electric arc furnace operati
Related Questions
What impact will the use of cash on-hand and revolving credit facility borrowing have on SunCoke's leverage and liquidity ratios?
How will the integration of Phoenix Global's assets affect SunCoke's operating margins and cash conversion cycles?
What are the potential risks if the revolving credit facility terms change or if the credit markets tighten?
Will the acquisition affect SunCoke’s dividend policy or share repurchase plans?
What is the near‑term price impact likely to be on SunCoke’s stock, considering the acquisition premium and market perception?
How will the acquisition of Phoenix Global affect SunCoke Energy's earnings per share (EPS) forecasts?
Will the acquisition materially expand SunCoke's production capacity or geographic footprint, and how might that influence market share?
How sensitive is SunCoke’s valuation to changes in key commodities (e.g., coke, coal) now that it controls additional furnace capacity?
How does the $325 million purchase price compare to SunCoke's historical M&A multiples and to peers' recent transactions?
Are there any regulatory approvals or environmental compliance hurdles that could delay integration or add costs?
What are the expected synergies and cost savings from integrating Phoenix Global's electric arc furnace operations?
How does this deal position SunCoke against its main competitors in the coke and energy sector over the next 3–5 years?