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BHP lifts Noront offer

BHP has increased its offer for Canadian takeover target Noront Resources to C75c per share.

Kristie Batten
BHP chief development officer Johan van Jaarsveld

BHP chief development officer Johan van Jaarsveld

Noront this week recommended a 70c per share bid from Andrew Forrest's Wyloo Metals, but BHP had five business days to match the offer. The board of Noront is backing the higher BHP offer. BHP said...

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