SGH, Steel Dynamics raise buyout offer for BlueScope to $10.6B

robot
Abstract generation in progress

SGH Ltd and Steel Dynamics have increased their takeover bid for BlueScope Steel to A$15 billion ($10.62 billion), calling it their “best and final” offer. The new offer of A$32.35 per share in cash represents a 15.5% premium over their previous bid and excludes dividends. The companies stated this offer is final unless a superior competing proposal emerges.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin