Photographer: Daniel Acker/Bloomberg

Anglo Said to Rebuff India Billionaire Agarwal’s Merger Plan

  • Agarwal said to have proposed combination with Hindustan Zinc
  • Anglo said to dismiss recent approaches; no current talks

Anglo American Plc, the London-based miner, rebuffed informal approaches in recent months from Indian billionaire Anil Agarwal, who oversees the country’s biggest mining company, according to people familiar with the matter.

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