BlueScope Steel Gets $13B Takeover Bid
Update: 2026-01-06
Description
BlueScope Steel shares surge to 17-year high with $13B takeover offer from SGH-led group, including Kerry Stokes and Steel Dynamics. The proposal values BlueScope at $13B, with SGH keeping Australian, Asian, New Zealand, and Pacific operations, and Steel Dynamics taking North American assets. The deal is non-binding and conditional, with BlueScopes board reviewing it.
The Daily News Now! - Every city. Every story. Powered by AI.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
