SGH and Steel Dynamics confirm best and final A$32.35 share proposal¹ to acquire BlueScope Steel Ltd

FORT WAYNE, Ind. , Feb. 17, 2026 /PRNewswire/ — SGH Ltd (SGH) (ASX:SGH) and Steel Dynamics, Inc. (SDI) (NASDAQ/GS:STLD) confirm that together they have submitted a revised Non-Binding Indicative Offer (NBIO) to acquire 100% of BlueScope Steel Ltd (BSL) (ASX:BSL). The revised offer of A$32.35 per share (equivalent to A$34.00 per share prior to deductions of A$1.65 , consisting of BSL’s $1.00 per share unfranked special dividend and A$0.65 unfranked interim dividend) 1 represents a compelling valu