London — Billionaire Anil Agarwal has increased his stake in Anglo American to 19%, making him the biggest shareholder in the London-headquartered blue-chip mining company. Agarwal’s Volcan Holdings bought 102.2-million shares in Anglo, according to a regulatory filing on Friday. The Indian billionaire, who said in September that he planned to buy as much as £1.5bn of the stock, paid an average of £14.68, based on that maximum target amount. Anglo shares traded at £14.65 on Friday. Volcan already had 160.7-million shares, according to an April filing.
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