Spurned suitors announce fourth bid for BlueScope Steel
If successful, the bidders will split the company into US and ‘rest of world’ operations, which would include New Zealand Steel.
New Zealand Steel’s operations at Glenbrook.
The consortium looking to acquire ASX-listed BlueScope Steel today sweetened their offer in a bid which values the company at A$15 billion ($17.5b).
The refreshed bid is the fourth time that Australian group SGH and US steel producer Steel Dynamics have tried to win control of BlueScope, which owns
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