Steel Dynamics, together with SGH, has submitted a non binding offer to acquire 100% of BlueScope Steel. The company has ...
She added BlueScope was not willing to meet the consortium's proposal that the board needed to recommend the offer to ...
Under the revised offer, BlueScope shareholders would receive about US$22.93 per share in cash, Steel Dynamics and SGH said.
The BlueScope board has picked apart the latest takeover proposal for the steelmaker and warned suitors SGH and US-based ...
BlueScope Steel shares fell nearly 5% on Thursday after the Australian steelmaker rejected a revised A$15 billion ($10.7 billion) takeover proposal from a consortium comprising SGH and U.S.-based ...
As part of its defence against the suitors, BlueScope announced it will deliver $3 a share to investors this calendar year ...
The steel group feels bidders SGH and Steel Dynamics tried to push it into a corner with their latest bid for the company.
Australia-based BlueScope Steel (ASX:BSL) rejected a sweetened buyout offer of AU$15 billion from SGH (ASX:SGH), and US-based Steel Dynamics, but said it was open to further discussions. BlueScope ...
BlueScope’s largest shareholder, AustralianSuper with a 13.5 per cent shareholding, is taking a slightly more diplomatic ...
BlueScope Steel’s plans to expand further in the U.S. by investing in midstream capacity have fallen down the agenda.
The company has sent a letter to the CEOs of the would-be acquiring firms that raises valuation concerns, among others.
BlueScope has rejected a Kerry Stokes-backed takeover attempt, calling the offer "not sufficient", but remains open to a ...