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BlueScope Eyes $32.35 Cash Takeover Bid from SGH and Steel Dynamics
9:46am on Wednesday 18th of February, 2026 AEDT
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BlueScope Eyes $32.35 Cash Takeover Bid from SGH and Steel Dynamics
9:46am on Wednesday 18th of February, 2026 AEDT
Key Points
Revised $32.35 per share cash offer from SGH and Steel Dynamics consortium
Proposal includes SGH acquiring BlueScope and selling North American assets to Steel Dynamics
Board previously rejected an undervalued offer from the same consortium
Current proposal is non-binding, conditional, and labelled 'best and final'
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BLUESCOPE STEEL (ASX:BSL)
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