BlueScope’s Board Rejects $8.8 Billion Steel Dynamics, SGH Bid

BlueScope Steel Ltd. rejected an $8.8 billion takeover bid by US steelmaker Steel Dynamics Inc. and Australian conglomerate SGH Ltd.

By Katharine Gemmell · Bloomberg Markets

BlueScope Steel Ltd. rejected an $8.8 billion takeover bid by US steelmaker Steel Dynamics Inc. and Australian conglomerate SGH Ltd.