Manufacturing
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.
Stakeholders are concerned the NRF is straying from its mission of attracting investment in innovative companies trying to scale new technologies.
The Perth-based startup has struck deals with Quiksilver, Papinelle and Audi to start rolling out its sustainable plastic alternative.
