Vedanta Chairman Anil Agarwal Says No Plans To Buy Anglo American South Africa Assets

Lausanne: Miner Vedanta Resources' chairman, Anil Agarwal, on Wednesday said he had no plans to buy assets in South Africa from Anglo American or push for a board seat after announcing plans to buy a 13 per cent stake in the mining giant. The billionaire said this month he would buy a 2 billion pound ($2.5 billion) stake in Anglo American, but said the purchase would be via his family trust Volcan Holdings rather than Vedanta. He h...