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Vedanta's Agarwal says happy with his 13 pct of Anglo American

Reuters - UK Focus

NEW DELHI, March 27 (Reuters) - Indian billionaire Anil Agarwal said on Monday he was happy with his personal 13 percent stake in mining company Anglo American (LSE: AAL.L - news) and was just planning to keep it as an investment for now.

"I got the opportunity to take 13 percent share of that company because I also believe that India and Africa go hand in hand," Agarwal told a business summit.

"I have no other intention at the moment, just to be an investor ... I have taken a position. At the moment I am very happy with the 13 percent," he said.

Earlier this month, Agarwal said he would buy a 2 billion pound ($2.5 billion) stake in Anglo American and had no intention of taking control of the mining company. ($1 = 0.7954 pounds) (Reporting by Sudarshan Varadhan; editing by David Clarke)