Steel Dynamics and SGH Boost BlueScope Bid to $11 Billion

Steel Dynamics Inc. and SGH Ltd. raised their all-cash bid for Australia’s BlueScope Steel Ltd. in an effort to woo shareholders after the target rejected a previous offer.

By Paul-Alain Hunt, Rob Verdonck · Bloomberg Markets

Steel Dynamics Inc. and SGH Ltd. raised their all-cash bid for Australia’s BlueScope Steel Ltd. in an effort to woo shareholders after the target rejected a previous offer.