Chanticleer
Forrest v BHP may be start of green M&A fights
BHP and Andrew Forrest’s battle over a small Canadian nickel hopeful isn’t going to be the last M&A fight sparked by the energy transition.
Tick. Tick. Tick. BHP has just five days to decide whether it wants to try to top Andrew Forrest’s offer for Canadian nickel hopeful Noront Resources, which won the backing of the minnow’s board on Monday night.
The smart money is on the Global Australian striking back, despite the full-court press Forrest has put on the Noront board.
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