BRIEF-BHP Group Increases Its All-Cash Offer To Noront Shareholders To C$0.75 Per Share
2021-10-19 07:03:35 PM ET (Reuters)
Oct 20 (Reuters) - BHP Group Ltd:
* UPDATE ON RECOMMENDED OFFER FOR NORONT RESOURCES LIMITED-BHP.AX
* BHP INCREASES ITS ALL-CASH OFFER TO NORONT SHAREHOLDERS TO C$0.75 PER SHARE
* BHP'S OFFER DOES NOT REQUIRE WYLOO'S SUPPORT TO BE SUCCESSFUL
* OFFER WILL BE OPEN UNTIL 11:59 P.M. (TORONTO TIME) ON NOVEMBER 9
* NORONT SUPPORTS BHP'S IMPROVED OFFER AND RECOMMENDS SHAREHOLDERS TENDER NOW TO RECEIVE CASH CONSIDERATION OFFERED
* NORONT BOARD DETERMINED THAT PROPOSAL FROM WYLOO METALS HAS CEASED TO BE A "SUPERIOR PROPOSAL" Source text for Eikon: Further company coverage: