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Billionaire creates BHP-style Indian resources conglomerate

Agarwal merges mining and energy businesses

Thu, Apr 13, 2017 - 5:50 AM

Anil Agarwal has sealed the merger of his mining and energy businesses in India, creating a BHP Billiton Ltd-like resources conglomerate, even as a recent investment in Anglo American Plc raises questions about how far the billionaire's ambitions stretch.

PHOTO: BLOOMBERG

Mumbai

ANIL Agarwal has sealed the merger of his mining and energy businesses in India, creating a BHP Billiton Ltd-like resources conglomerate, even as a recent investment in Anglo American Plc raises questions about how far the billionaire's ambitions stretch.

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