M&A · Energy · Buyer's industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
SunCoke Energy, Inc. to acquire Phoenix Global
Announced May 28, 2025 · Closed Aug 4, 2025 · Private target
Deal value$325M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationNot disclosed
Transaction
- Acquirer
- SunCoke Energy, Inc. (SXC)
- Target
- Phoenix Global
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Aug 4, 2025
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Evercore
- To the target
- Moelis
Classification
- Sector
- Energy
- Buyer's industry
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)