The Pulse Illawarra

The Pulse Illawarra

BlueScope rejects $14.2bn bid as too low, leaves door open for revised offer

Plus the funding opportunities closing soon, Jacinda Ardern and more

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Janine Graham
Feb 26, 2026
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BlueScope Steel chair Jane McAloon has returned serve to potential buyers. Image via Gemini.

BlueScope Steel has rejected a revised $14.2 billion takeover proposal from Kerry Stokes-controlled SGH a…

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