HomeGeneral NewsBlueScope plays down $8.8B bid from Stokes, Steel Dynamics

BlueScope plays down $8.8B bid from Stokes, Steel Dynamics

January 5, 2026

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Australia’s BlueScope Steel (ASX: BSL) confirmed on Monday it received an A$13.15 billion ($8.8 billion) takeover proposal from a consortium led by Kerry Stokes-backed SGH (ASX: SGH) and US-based Steel Dynamics (NASDAQ: STLD), but said the offer is unlikely to be…

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