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KCO Kloeckner & Co SE News Story

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Brief: Kloeckner & Co Recommends Acceptance Of Worthington Steel's Public Takeover Offer

Feb 13 (Reuters) - KLOECKNER & CO SE KCOGn.DE:

MANAGEMENT BOARD AND SUPERVISORY BOARD RECOMMEND ACCEPTANCE OF WORTHINGTON STEEL'S PUBLIC TAKEOVER OFFER

OFFER PRICE REPRESENTS 98% PREMIUM ON AVERAGE SHARE PRICE

BOTH PARTIES CONSIDER OFFER PRICE OF EUR 11.00 PER SHARE TO BE ATTRACTIVE, FAIR AND REASONABLE

KLÖCKNER & CO TO OPERATE INDEPENDENTLY; NO SITE CLOSURES OR LAYOFFS

OFFER SUBJECT TO 65% ACCEPTANCE THRESHOLD AND REGULATORY APPROVALS

ACCEPTANCE PERIOD ENDS ON MARCH 12, 2026

Source text: ID:nEQ3J2flta

Further company coverage: [KCOGn.DE]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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