Perpetual Limited Acquires 5% Stake in Bluescope Steel

Bluescope Steel Limited (AU:BSL) has released an update.

Perpetual Limited, along with its associated entities, has become a substantial holder in Bluescope Steel Limited, acquiring a 5.007% stake with 21,985,486 ordinary shares as of September 20, 2024. This strategic move by Perpetual Limited could signal confidence in Bluescope’s future, impacting investor interest in the steel company’s stock.

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