BlueScope responds to revised takeover proposal

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Stock SGH.ASX (SGH.ASX)
Release Time 26 Feb 2026, 8:25 a.m.
Price Sensitive Yes
 BlueScope responds to revised takeover proposal
Key Points
  • BlueScope received a revised takeover proposal from an unnamed party
  • The proposal is subject to various conditions and is non-binding
  • BlueScope's Board is currently considering the revised proposal
Full Summary

BlueScope Steel Limited (ASX:BSL) has received a revised, non-binding takeover proposal from an unnamed party. The company's Board is currently reviewing the revised proposal, which is subject to various conditions. BlueScope has not provided any further details on the specifics of the proposal, including the proposed offer price or the identity of the interested party. The company has stated that it will provide a further update to the market once its Board has completed its review of the revised proposal.