BlueScope Steel said it will pay out roughly US$293 million as a special dividend after rebuffing takeover plans involving a U.S. steelmaker that directors say significantly undervalue the business.
Australian steelmaker BlueScope Steel said on Wednesday it would return A$438 million ($292.54 million) to its shareholders ...
The recycled-content steelmaker has recorded an impairment charge against the 2022 acquisition of a North Carolina-based business unit. “While macroeconomic conditions remain mixed, our multi-domestic ...
Jan 5 (Reuters) - Australia's BlueScope Steel said on Monday ‌it received an A$13.15 billion ($8.78 billion) takeover ‌proposal from an investor group comprising billionaire Kerry Stokes-owned SGH and ...
SYDNEY, Jan 6 (Reuters) - Media billionaire Kerry ‌Stokes made a near $9 billion buyout approach ‌along with U.S.-based long-time suitor Steel Dynamics for Australia's top steelmaker BlueScope in a ...