SGH, Steel Dynamics raise buyout offer for BlueScope Steel to $10.6 billion
17/02/2026 21:44
Feb 18 (Reuters) - Australian billionaire Kerry Stokes-owned SGH Ltd SGH.AX and U.S.-based Steel Dynamics STLD.O on Wednesday sweetened their takeover offer for BlueScope Steel BSL.AX, valuing the Australian steelmaker at A$15 billion ($10.62 billion). ($1 = 1.4118 Australian dollars) (Reporting by Sameer Manekar in Bengaluru) ((Sameer.Manekar@thomsonreuters.com;))
Recent news on SGH
See all newsBrief: SGH Ltd Announces On-Market Share Buy-Back Of Up To A$500 Million
Australia's SGH soars on unveiling $350.55 million buy back
US STOCKS-Wall Street ends lower as Middle East tensions escalate
US STOCKS-Wall Street ends lower as Middle East tensions escalate
US STOCKS-Wall Street eases as Middle East tensions escalate