ASX Announcements
BlueScope progresses acceleration of land value realisation
Progress Report
Change in substantial holding
Market Sensitive
BlueScope responds to revised takeover proposal
Directors' Statement re Takeover, Takeover - Other
Change in substantial holding
This Month
Iran fuel crisis points to higher construction, home building costs
Energy prices and the cost of freight have soared since the conflict in the Middle East, leaving building materials companies scrambling to pass on the bill.
Gas buyers ‘hold breath’ amid fears local prices to track LNG surge
The worries among users have been exacerbated by last week’s spike in LNG prices after the damage to Qatar’s facilities which may take up to five years to fix.
A few bob more? The great ‘best and final’ vanishing act at BlueScope
If SGH and Steel Dynamics are not the answer, Bluescope’s investors will want them to find another one.
Pauline Hanson’s FIFO on billionaire’s jet lashed by SA premier
Peter Malinauskas has divided his attention between the Liberals and One Nation ahead of the SA election, as the focus turns to whether One Nation can win seats.
The highest-paid, most powerful and influential directors revealed
Mark Barnaba, deputy chairman of Fortescue, is the highest-paid ASX 300 director, but women top the lists for most powerful and influential.
The furnace man who wants to enter parliament for One Nation
A private jet owned by an Indian steel group recently landed at the airport at Whyalla, where One Nation’s state election candidate works at the troubled steelworks.
Why the class of ’26 CEOs start on a short leash
Two top-20 chief executive changes on the same day? It’s all part of corporate Australia’s big reset.
Investment banking veteran John Wylie moonlights at BlueScope
The former Credit Suisse executive turned asset manager has long ties to the Australian steelmaking giant, which is fending off a $14 billion takeover bid.
Keep fighting: Ex-Eagle’s advice for SA Lib on Herculean election task
South Australia’s new Liberal leader Ashton Hurn is up against the soaring popularity of Peter Malinauskas, with some warning of electoral “carnage”.
BlueScope cops stinging attack from Korean partner over dumping probe
POSCO says BlueScope’s pursuit of tariff protection is at odds with its strong performance and higher payouts, which have attracted a $14.2 billion takeover bid.
February
Atomic wedgies make $14b takeover fight for BlueScope even spicier
The steel group feels bidders SGH and Steel Dynamics tried to push it into a corner with their latest bid for the company. Now it is pushing back.
Bapcor’s $200m highway to hell
The terms of the car parts retailer’s bailout are about as grim as you’ll see – the sort of deal that happens once a year in the ASX300, tops.
ASX hits record; Is Trump set to destroy Iran?; Why Qantas’ big profit came with frequent flyer treats
Read everything that’s happened in the news so far today.
BlueScope Steel rebuffs Stokes and bid partner, but leaves door open
The steel maker says the SGH and Steel Dynamics’ offer was effectively only $31 per share. But the board is prepared to talk if the bidders are open to lifting it.
AustralianSuper nudges BlueScope to give its bidders a fair hearing
BlueScope’s largest shareholder, AustralianSuper with a 13.5 per cent shareholding, is taking a slightly more diplomatic stance in round five of proceedings.
The revised bid for BlueScope reveals a power that no one saw coming
SGH chief executive Ryan Stokes brought his simmering M&A play to a head with a $14.2 billion take it or leave it bid for Bluescope. It is a big cheque.
Goldman Sachs gives Frydenberg his first deal
It’s been 10 years since the former treasurer was the best man at Ryan Stokes’ wedding. The pair’s latest dealings have a more business edge.
Bigger BlueScope bid; China’s AI blitz; RBA shake-up hits frequent flyers
Read everything that’s happened in the news so far today.
Stokes’ SGH, Steel Dynamics return with $14.2b bid for BlueScope
Investors say the higher offer should lead to friendlier negotiations, but the steelmaking giant is promising big returns if shareholders stay the course.
ASX rises as WiseTech surges; Rio Tinto, Fortescue drop
Tech stocks lead ASX up as miners weigh; New Hope rules out Qld coal bid; Treasury Wine suspends dividend; JB Hi-Fi up on sales growth; Austal rebounds; A2 Milk beats forecasts. Follow live.
