US activist hedge fund Elliott is one of Anglo American's 10 largest shareholders

Enter recipient email addressThe activist hedge fund led by Paul Singer amassed the holding over recent months, the people said, asking not to be identified discussing confidential information. The size of the stake puts Elliott among Anglo American ’s 10 biggest shareholders, data compiled by Bloomberg show.

Anglo American shares jumped as much as 4.4% in London, and as much as 5% on the JSE after Bloomberg News reported the stake. Representatives for Elliott and Anglo American declined to comment.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

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