BlueScope Steel Ltd
BSL: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @^d | LOCK|zk | LOCK|cBHBGRB |
Bluescope: Lowering our Fair Value Estimate With a Takeover Offer Looking Less Likely
It has been more than a month since Bluescope rejected a "best and final" takeover offer from Steel Dynamics and Seven Group Holdings. The bid, via a scheme of arrangement, was equivalent to AUD 34 per share. Bluescope indicated it was open to negotiation.
