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Billionaire Agarwal sells Anglo American stake, may make $500 mn
short by Krishna Veera Vanamali / on Friday, 26 July, 2019
Metals tycoon Anil Agarwal, the biggest shareholder in London-based mining giant Anglo American, on Thursday said he is selling the nearly 20% stake he has held since 2017. Bloomberg reported that Agarwal could make $500 million before costs from the investment. The self-made billionaire, who controls Vedanta, said the targeted returns had been achieved "even sooner than expected".
read more at Hindustan Times