News Brief: English
Summary
A consortium led by Kerry Stokes’s SGH and U.S.-based Steel Dynamics has launched a A$13.2 billion cash takeover bid for BlueScope Steel, Australia’s largest steelmaker, at A$30 per share. This is the third attempt in two years by Steel Dynamics to acquire BlueScope’s North American operations.
Key Points
- Massive Bid: The A$30 per share, A$13.2 billion offer is the highest yet and significantly exceeds most analysts’ target prices for BlueScope.
- Market Reaction: BlueScope’s share price surged over 20% to A$29.51 following the announcement, nearing the offer price.
- Plan for Assets: If successful, SGH intends to sell BlueScope’s North American flat-rolled steel business to its consortium partner, Steel Dynamics.
- Strategic Fit: SGH CEO Ryan Stokes stated BlueScope’s Australian operations align well with SGH’s industrial portfolio, which includes Boral and Coates.
- Previous Rejections: BlueScope rejected three prior bids from Steel Dynamics (including one valuing it at A$31/share), citing undervaluation and regulatory risks.
- Conditions Apply: The current offer is conditional on due diligence, regulatory approvals, and financing.
新闻简报：中文
摘要
由克里·斯托克斯（Kerry Stokes）的SGH集团和美国钢铁动力公司（Steel Dynamics）牵头的财团，以每股30澳元、总计132亿澳元的现金报价，对澳大利亚最大钢铁制造商博思格钢铁（BlueScope Steel）发起收购要约。这是钢铁动力公司两年来第三次试图收购博思格的北美业务。
关键要点
- 巨额报价：每股30澳元、总计132亿澳元的出价是迄今为止最高的，大幅超过了多数分析师对博思格股价的目标价。
- 市场反应：消息公布后，博思格股价飙升超过20%，至29.51澳元，接近收购报价。
- 资产处置计划：如果收购成功，SGH计划将博思格的北美平板轧制钢材业务出售给其财团合作伙伴——美国钢铁动力公司。
- 战略契合：SGH首席执行官瑞安·斯托克斯（Ryan Stokes）表示，博思格的澳大利亚业务与SGH的工业投资组合（包括博罗Boral和科茨Coates）具有强大的战略契合度。
- 此前拒绝：博思格曾拒绝钢铁动力公司的三次先前出价（其中一次对公司估值达每股31澳元），理由是其严重低估了公司价值及未来前景，且存在重大监管审批风险。
- 附带条件：当前报价需满足尽职调查、监管批准和融资等先决条件。
Original Article Link: https://www.abc.net.au/news/2026-01-06/bluescope-13-billion-takeover-bid-by-stokes-sgh-us-steelmaker/106202730