IGO has received the support of Andrew Forrest’s Wyloo Consolidated Investments in its takeover of Western Areas.
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BHP headstrong on Noront acquisition
BHP remains confident that its C$325 million ($350 million) takeover bid to acquire Noront Resources is stronger than the offer made by Andrew Forrest’s Wyloo Metals on Monday.
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Forrest’s Wyloo ups ante with BHP for Noront takeover
Wyloo Metals has ramped up a bidding war against BHP for the acquisition of Canada’s Noront Resources with a significantly upgraded offer of $C0.70 ($0.76) per share for the target.
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