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Noront to negotiate with Wyloo on sweetened offer

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Wyloo, the Toronto-based miner’s top shareholder, increased its offer to C$1.10 a share on Monday, valuing the miner at C$616.9 million ($481.28 million), 57% higher than its prior bid and outmatching BHP’s offer.

Earlier, BHP had ended talks with Wyloo regarding its support for the…



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