According to the regulatory release filed with the London Stock Exchange on 20 September 2017, Volcan Investments Limited – Vedanta Resources’ largest shareholder (c.70% stake) – announced its intention to invest £1.25-1.5bn in Anglo American’s (Anglo) shares. This would be in addition to its earlier c.£2bn investment in April 2017 – which translated into a 12.43% voting interest (excluding shares for which voting rights have been waived). Similar to
06 Oct 2017
Vedanta’s promoters to emerge as Anglo’s largest shareholder
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Vedanta’s promoters to emerge as Anglo’s largest shareholder
Vedanta Resources (VED:LON) | 0 0 0.1% | Mkt Cap: 2,059m
- Published:
06 Oct 2017 -
Author:
Varun Sikka -
Pages:
3
According to the regulatory release filed with the London Stock Exchange on 20 September 2017, Volcan Investments Limited – Vedanta Resources’ largest shareholder (c.70% stake) – announced its intention to invest £1.25-1.5bn in Anglo American’s (Anglo) shares. This would be in addition to its earlier c.£2bn investment in April 2017 – which translated into a 12.43% voting interest (excluding shares for which voting rights have been waived). Similar to