Sydney, Feb 18, 2026 (AFP) - Consortium raises bid for Australian steelmaker Bluescope

NAMPA / AFP
2026-02-18
A US-Australian consortium said Wednesday it has raised its takeover bid for Australia's BlueScope Steel, valuing the company at Aus$15 billion (US$10.6 billion). US firm Steel Dynamics and Australian industrial, energy and media company SGH said it was their "best and final" joint offer to buy 100 percent of BlueScope Steel. The bid offers a "compelling value proposition" for BlueScope shareholders, they said in a statement. BlueScope's board la......
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