Brief: Bluescope Steel Rejects Takeover Proposal Received From Consortium Comprising SGH, Steel Dynamics

SGH

07/01/2026 08:19

Jan 7 (Reuters) - BlueScope Steel Ltd BSL.AX:

BLUESCOPE REJECTS HIGHLY OPPORTUNISTIC TAKEOVER PROPOSAL

BOARD REJECTED PROPOSAL AS IT UNDERVALUED BLUESCOPE

BOARD UNANIMOUSLY REJECTED TAKEOVER PROPOSAL ON BASIS THAT IT VERY SIGNIFICANTLY UNDERVALUED BLUESCOPE

BOARD UNANIMOUSLY REJECTED TAKEOVER PROPOSAL ON BASIS THAT IT VERY SIGNIFICANTLY UNDERVALUED BLUESCOPE

REJECTED TAKEOVER PROPOSAL RECEIVED FROM A CONSORTIUM COMPRISING SGH AND STEEL DYNAMICS

Further company coverage: BSL.AX

 ((Reuters.Briefs@thomsonreuters.com;))