BlueScope Steel’s board has rejected a $13.2 billion takeover proposal lobbed by SGH Limited and Nasdaq-listed Steel Dynamics, saying the offer significantly undervalued the country’s largest steel ...

BlueScope Steel Ltd (ASX: BSL) shares are trading in the red on Wednesday morning. At the time of writing the shares are 0.14% lower at $29.50 a piece. But today's slight dip has barely dented the ...

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Major shareholders say BlueScope is worth more than the sum of its parts and have been underwhelmed by the $30-a-share offer tabled from Stokes-controlled SGH and the Nasdaq-listed Steel Dynamics. The ...

It’s an early start to the year for several high-power bankers and lawyers as Kerry Stokes-controlled SGH Limited and its consortium partner Steel Dynamics prepare for what could be a long fight to ...

A $13.2 billion tentative takeover offer for BlueScope Steel is likely to be knocked back by its board for undervaluing Australia's largest steelmaker and presenting regulatory approval issues, ...

The benchmark ASX 200 closed down 45.80 points, or 0.52 per cent, to 8682.80, while the broader All Ordinaries slipped 37.80 points, or 0.42 per cent, to 8996.90. Australia’s dollar continued to climb ...

SYDNEY, Jan 6 (Reuters) - Media billionaire Kerry Stokes made a near $9 billion buyout approach along with U.S.-based long-time suitor Steel Dynamics (STLD.O), opens new tab for Australia's top ...

ETMarkets.com Tata Steel, one of India’s leading steel producers, added Rs 52,368 crore in market value during the year. To be sure, Tata Steel, one of India’s leading steel producers, added Rs 52,368 ...

Add articles to your saved list and come back to them any time. Never get between Kerry Stokes and a cheap spanner, let alone an undervalued multibillion-dollar industrial group. The announcement of ...

More news: BlueScope shares rallied at midday following solid morning trade after SGH Limited confirmed it has launched a bid with Nasdaq-listed Steel Dynamics to acquire 100% of the steelmaker ...