Worthington Steel opens tender offer for Kloeckner shares at €11 each

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Worthington Steel Announces Start of Acceptance Period for Public Delisting Tender Offer for Kloeckner & Co SE

July 15, 2026 6:30 AM EDT

COLUMBUS, Ohio--(BUSINESS WIRE)-- Worthington Steel, Inc. (NYSE: WS) today announced the opening of the acceptance period for the Public Delisting Tender Offer (Delisting Offer) for all outstanding shares of Kloeckner & Co SE (Kloeckner) not already held by Worthington Steel, following approval of the offer document for the Delisting Offer (the Delisting Offer Document) by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht Bafin) and publication in accordance with the German Securities Acquisition and Takeover Act (WpÜG).

Starting today, Kloeckner shareholders can accept the Delisting Offer by tendering their shares for a cash... More