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SGH and Steel Dynamics Raise Offer to A$32.35 Per Share for BlueScope Steel
9:08am on Wednesday 18th of February, 2026 AEDT
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SGH and Steel Dynamics Raise Offer to A$32.35 Per Share for BlueScope Steel
9:08am on Wednesday 18th of February, 2026 AEDT
Key Points
Revised offer of A$32.35 per share values BlueScope at A$15 billion
Offer includes a 47% premium over BlueScope’s initial closing price
Post-acquisition, SGH to retain Australia and Rest of World operations
Steel Dynamics to acquire BlueScope’s North American operations
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