BHP, Wyloo talk about Noront takeover
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BHP Group Ltd has started talks with Australian billionaire Andrew Forrest’s Wyloo Metals regarding the takeover of Noront Resources Ltd as both the companies try to acquire the Canadian nickel producer. In October, BHP increased its all-cash offer for Noront to C$0.75 ($0.60) per share, surpassing Wyloo’s C$0.70 proposal. “BHP and Wyloo Metals have engaged in initial conversations and […]