Hugo Mathers
Reporter
Hugo joined Capital Brief after five years in government roles across London and Sydney. He also previously worked in venture capital with Europe's first proptech VC fund Pi Labs and edtech startup Primo Toys, and has written for Time Out, Urban List and The Mandarin.
Contact Hugo via email.
The $2.3b market darling is expected to raise $150m after an extraordinary 5-month share price surge, but investors are split on whether the dream run can continue.
Rio Tinto laid out a new “stronger, faster, simpler” strategy just last month. Now its plans to create a sprawling mega miner through a merger with its Anglo-Swiss rival have been given an early vote of no confidence.
BlueScope’s emphatic rejection of SGH and Steel Dynamics’ bid has hardened positions. Market watchers think this may be just the start of the takeover saga.
Trump's aggressive tariffs ultimately led to the spurned $13 billion bid for BlueScope Steel. But an improved offer or a rival bid could see the price tag rise higher.
Ryan Stokes' SGH and US based Steel Dynamics are quietly confident their bid for the Australian steelmaker will avoid the wrath of the unpredictable Foreign Investment Review Board.
Coby Hanoch says Australia must lift semiconductor investment to remain competitive in AI and advanced computing, as his company secures its biggest licensing deal to date.
