M&A

BHP fighting losing battle

Major facing down competing bidder with fewer restrictions on its M&A processes

Tim Treadgold
 Twiggy Forrest has carte blanche to outbid BHP as his personal discretion (credit: DFAT/Trevor Collens)

Twiggy Forrest has carte blanche to outbid BHP as his personal discretion (credit: DFAT/Trevor Collens)

The problem for the world's biggest mining company, and its gentleman chief executive, Mike Henry, is that BHP is competing against a rival who can afford to pay a silly price for Noront.   Wyloo Metals,...

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