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.
Jan 14 (Reuters) - Australian steelmaker BlueScope Steel said on Wednesday it would return A$438 million ($292.54 million) ...
Major shareholders from L1 Capital to Airlie Funds are urging the company to consider how to maximise the value of its sought ...
The strong dismissal has seen BlueScope shares fall 1.6 per cent, with the outcome of the surprise bid now far from certain.
Clearly, everything would need to go right for BlueScope to lift its net worth to $50. As well as challenging the basis of ...
The Bluescope ( ASX: BSL) board has unanimously rejected a takeover proposal of $30 per share from an Australian and US ...
When AustralianSuper began buying BlueScope shares at around $30 a piece — the Stokes/Steel Dynamics bid price — it was a clear signal that the Australia/US takeover bid at $30 was dead.
The conglomerate, SGH, would then sell BlueScope’s North Star Flat Rolled Steel Mill and Building and Coated Products North America businesses to Steel Dynamics, but retain other operations. The deal ...
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