(Reuters) - Anglo American Plc (L:AAL) has rebuffed informal approaches by Indian mining and metals tycoon Anil Agarwal, Bloomberg reported, citing people familiar with the matter.
Agarwal, who has majority control of Hindustan Zinc Ltd (NS:HZNC) through Vedanta Ltd (NS:VDAN), contacted Anglo to discuss potential ideas including a combination with the Indian zinc miner, Bloomberg reported. (http://bloom.bg/2aNIASf)
Vedanta sweetened its offer to take over subsidiary Cairn India Ltd (NS:CAIL) last week, after an initial bid had been stymied for a year.
Vedanta Ltd and Hindustan Zinc were not immediately available for comment.
Anglo American declined to comment.