Forrest's Wyloo wins Noront battle - for now

THE board of sought-after nickel developer Noront Resources is unanimously backing a C70c per share takeover offer from Andrew Forrest’s Wyloo Metals.

Forrest's Wyloo wins Noront battle - for now Forrest's Wyloo wins Noront battle - for now Forrest's Wyloo wins Noront battle - for now Forrest's Wyloo wins Noront battle - for now Forrest's Wyloo wins Noront battle - for now

Andrew Forrest

Wyloo first approached Noront in May with a 35c per share proposal and increased its offer to 70c at the end of August after BHP entered the fray with a 55c per share cash offer, which was backed by