Mining billionaire Agarwal to boost Anglo stake by up to $2b

Mining billionaire Agarwal to boost Anglo stake by up to $2b

Anil Agarwal Photographer: Halden Krog/Bloomberg

Anil Agarwal, an Indian mining billionaire, plans to purchase as much as 1.5 billion pounds ($2 billion) worth of additional Anglo American Plc shares, increasing his stake in the blue-chip British miner that’s benefited from a recovery in commodity prices.

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