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Agarwal ups Anglo stake, denies merger

Vedanta chairman now biggest Anglo shareholder with 20%

Alex Hamer
Anil Agarwal will hold another £1.25-1.5 billion worth of Anglo stock

Anil Agarwal will hold another £1.25-1.5 billion worth of Anglo stock

Agarwal has denied he still wants to merge Vedanta or any of its subsidiaries with Anglo but this minimum £1.25 billion (US$1.68 billion) spend will add credence to that theory.  Through his firm Volcan...

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