BlueScope Calls Revised Takeover Bid Inadequate, Open to Deal
Australia’s BlueScope Steel Ltd. said a revised bid from Steel Dynamics Inc. and SGH Ltd. undervalues the company, but remains open to a better offer.
By Paul-Alain Hunt · Bloomberg Markets
Australia’s BlueScope Steel Ltd. said a revised bid from Steel Dynamics Inc. and SGH Ltd. undervalues the company, but remains open to a better offer.