Brief: Worthington Steel To Reduce Mandatory Threshold Of Voluntary Takeover Offer For Kloeckner To 57.5%

Worthington Steel

10/03/2026 11:34

March 10 (Reuters) - WORTHINGTON STEEL WS.N:

ANNOUNCED THAT IT HAS DECIDED TO REDUCE MANDATORY THRESHOLD OF VOLUNTARY TAKEOVER OFFER FOR KLOECKNER TO 57.5%

WILL NOT INCREASE OFFER PRICE OR MAKE ANY FURTHER CHANGES TO OFFER

AS A RESULT OF REDUCING MINIMUM ACCEPTANCE THRESHOLD, ACCEPTANCE PERIOD ORIGINALLY EXPIRING ON MARCH 12, 2026, WILL NOW EXPIRE ON MARCH 26, 2026

Source text: ID:nEQ3TtQLta

Further company coverage: WS.N [KCOGn.DE]

 (Gdansk Newsroom)

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