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AAP
AAP
Business
Derek Rose

Suitors fire up steelmaker takeover with hotter offer

BlueScope SGH Steel Dynamics Stokes United States Australia
Predators attempting a BlueScope takeover have put a "best and final" share offer on the table. (Dean Lewins/AAP PHOTOS)

Australia's largest steelmaker is considering a sweetened takeover offer but hardly seems blown away by it, with analysts believing the "best and final" bid won't get the job done.

The Stokes family-controlled SGH and its US bid partner Steel Dynamics on Wednesday offered to acquire BlueScope Steel for about $15 billion after previously offering $13 billion.

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