Anglo American rebuffs merger interest from India's Agarwal: Bloomberg

July 29, 2016 12:20 AM

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Anglo American rebuffs merger interest from India's Agarwal: Bloomberg

Anglo American Plc (AAL.L) has rebuffed informal approaches by Indian mining and metals tycoon Anil Agarwal, Bloomberg reported, citing people familiar with the matter.

Agarwal, who has majority control of Hindustan Zinc Ltd (HZNC.NS) through Vedanta Ltd (VDAN.NS), contacted Anglo to discuss potential ideas including a combination with the Indian zinc miner, Bloomberg reported.

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