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Why BlueScope Just Said No to a $30 Takeover Bid
9:03pm on Wednesday 7th of January, 2026 AEDT
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Why BlueScope Just Said No to a $30 Takeover Bid
9:03pm on Wednesday 7th of January, 2026 AEDT
Key Points
Unsolicited $30 cash per share takeover offer rejected
Board cites significant undervaluation and unfavorable conditions
Proposal contingent on extensive due diligence and debt financing
BlueScope highlights $3.7 billion invested in growth since 2017
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BLUESCOPE STEEL (ASX:BSL)
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