Wesfarmers has taken the ethical behaviour in takeovers to a new...

Wesfarmers has taken the ethical behaviour in takeovers to a new low with its direct lobbying of the Malaysian government to advance its commercial interests at the expense of Lynas Corp, a company it is seeking to control.
Wesfarmers chief executive Rob Scott is using the most overtly aggressive takeover tactics seen in Australia since disallowed was dominated by the takeover buccaneers of the 1980s who were expert at playing dirty.
From now on any company that comes into the orbit of Wesfarmers as a possible takeover target should watch out.
The Lynas stoush has sent a clear message to all listed companies. If Wesfarmers wants control of a company it will use whatever means are at its disposal including directly lobbying a foreign government to potentially harm the interests of the proposed target.

https://theworldnews.net/au-news/asx-to-open-higher-as-iron-oil-climbs