Australia's BlueScope Steel mulls US$8.8 billion takeover bid

Australia's BlueScope Steel says it is evaluating a Aus$13.2 billion (US$8.8 billion) joint takeover bid by a US rival and a diversified local firm. SGH and Steel Dynamics said their bid represented a total equity value of Aus$13.2 billion.

Australia's BlueScope Steel mulls US$8.8 billion takeover bid
Australia's BlueScope Steel says it is evaluating a Aus$13.2 billion (US$8.8 billion) joint takeover bid by a US rival and a diversified local firm. SGH and Steel Dynamics said their bid represented a total equity value of Aus$13.2 billion.