BlueScope rejects $13bn takeover bid as undervalued
BlueScope Steel has firmly rejected a joint $13 billion takeover offer from SGH and Steel Dynamics, calling it an attempt to buy the company 'on the cheap'. Read the full details.
BlueScope Steel has firmly rejected a joint $13 billion takeover offer from SGH and Steel Dynamics, calling it an attempt to buy the company 'on the cheap'. Read the full details.
SGH and Steel Dynamics propose splitting BlueScope's Australian and North American operations in a $13.2bn joint takeover. BlueScope's board is evaluating the $30-a-share offer.
Investment firms SGH and US-based Attestor Capital have launched a joint $1.3 billion takeover bid for BlueScope Steel's North American building products arm. Read the full story on the proposed deal.
John Gillam, former Bunnings managing director, will become chair of industrial group SGH in June. He brings extensive ASX board experience to drive shareholder value. Read the full story.