SGH and Steel Dynamics Raise BlueScope Steel Buyout Offer to 10.6 Billion Dollars
SGH and Steel Dynamics raised their joint bid for BlueScope Steel to 10.6 billion dollars. The new offer values the firm at 15 billion Australian dollars.
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SGH Limited , a company owned by Kerry Stokes, and United States 
US-based Steel Dynamics, Inc. have announced a sweetened takeover offer for BlueScope Steel Limited on February 17, 2026. The revised proposal values the company at A$15 billion, which is approximately $10.62 billion. This development establishes a higher valuation for the steelmaker and represents a significant update to the ongoing acquisition process.
US-based Steel Dynamics, Inc. have announced a sweetened takeover offer for BlueScope Steel Limited on February 17, 2026. The revised proposal values the company at A$15 billion, which is approximately $10.62 billion. This development establishes a higher valuation for the steelmaker and represents a significant update to the ongoing acquisition process.
