BHP and Wyloo Metals have been unable to come to terms regarding the acquisition of Noront Resources after talks broke down between the two.
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BHP and Wyloo coming to terms over Noront tussle
BHP has commenced discussions with Andrew Forrest’s Wyloo Metals as the two attempt to come to an agreement regarding the Noront Resources takeover.
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Noront Resources’ board backs BHP takeover bid
BHP has proposed a $C325 million ($351 million) takeover offer to Noront Resources following a previous bid by Andrew Forrest's Wyloo Metals.
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