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BHP bows out of Noront fight

Andrew Forrest’s Wyloo Metals will acquire Noront Resources after BHP elected not to match a C$1.10 per share offer.

BHP bows out of Noront fight BHP bows out of Noront fight BHP bows out of Noront fight BHP bows out of Noront fight BHP bows out of Noront fight

Wyloo's offer is 47% above an earlier 75c per share offer from BHP.

BHP has matching rights but said it would not increase or extend its offer.

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