Finance
BlueScope Steel Rejects $10.7 Billion Takeover Bid, Signaling Valuation Gap in Industrial Sector
Australian steel giant BlueScope has formally rejected a revised $10.7 billion acquisition offer, stating the proposal still undervalues the company's strategic assets. Despite the rejection, the board expressed a willingness to engage with potential buyers should a more favorable valuation be presented.
February 26, 2026449 views
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