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

'Best and final' offer: new $15B bid to takeover BlueScope days after cost-cutting revealed

Bluescope considers SGH's $32.35 per share offer, valuing at $14B. SGH plans to sell US operations to Steel Dynamics.

Billionaire Stokes stalks BlueScope with new $15b offer

The billionaire’s consortium delivered a higher offer which they described as “best and final” but it’s not expected to be a knock-out blow for the Australian steelmaker.

Big steel maker back in play as predators raise bid

Predators SGH and Steel Dynamics have amped up their pursuit of Australia's largest steel maker and are now offering shareholders $15 billion in cash.

Steel Dynamics Raises BlueScope Offer to $11 Billion

Steel Dynamics and SGH raised their all-cash bid for Australia’s BlueScope Steel in an effort to woo shareholders after the target rejected a previous offer.

Stokes’ SGH, Steel Dynamics return with $14.2b bid for BlueScope

Investors say the higher offer should lead to friendlier negotiations, but the steelmaking giant is promising big returns if shareholders stay the course.

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

Feb 18 (Reuters) – Australian ​billionaire ‌Kerry Stokes-owned SGH ‌Ltd ​and ⁠U.S.-based ⁠Steel Dynamics on ​Wednesday ⁠sweetened ⁠their takeover ​offer ​for BlueScope Steel, ‌valuing ⁠the Australian steelmaker at ⁠A$15 ‌billion ($10.62 ⁠billion). ($1 = ​1.4118 ‌Australian ​dollars) (Reporting by ⁠Sameer Manekar in ​Bengaluru)