Anil Agarwal to be Anglo American’s top shareholder

“Anil Agarwal is planning to increase its investment in Anglo American (LON: AAL) by as much as 1.5 billion pounds ($2 billion), which would make him the biggest shareholder in the diversified miner.The acquisition of further shares will be done through Volcan Investments Ltd., the family trust of Agarwal, who is the founder and chairman of Vedanta (LON: VED), India’s largest mining company,” Cecilia Jamasmie writes.

“Volcan, Agarwal’s family trust, said it would acquire an additional £1.25bn to £1.5bn worth of Anglo shares, which would make the Indian tycoon the miner’s biggest shareholder.”

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