Wyloo Announces Revised Offer For Noront - Quick Facts

Wyloo Metals Pty Ltd announced a further improved offer to acquire up to 100% of the shares in Noront Resources Ltd. (NOT.V) that it does not already own for C$1.10 per share. Wyloo noted that the revised offer represents a significantly superior price to that offered by BHP.

Wyloo Metals stated that it does not intend to support any alternate offers for Noront. Wyloo and BHP have been unable to agree terms upon which Wyloo Metals would support a BHP offer for Noront.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Vaccine partners Pfizer Inc. and BioNTech SE are seeking emergency use authorization or EUA from the U.S. Food and Drug Administration to offer their bivalent COVID-19 vaccine to children 6 months through 4 years of age. If authorized, the vaccine would be part of a primary series for children in this age group. Kraft Heinz Foods Co. is recalling around 2,400 pounds of ready-to-eat or RTE ham and cheese loaf products citing possible cross-contamination with under-processed products, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. Foxconn, Apple Inc.'s key iPhone assembler, expects that its major plant in China, which is being hit hard by worker unrest following Covid-19 spread and related restrictions, would restart full production around late December to early January, Reuters reported citing a Foxconn source.
Follow RTT