BRIEF-Worthington Steel To Reduce Mandatory Threshold Of Voluntary Takeover Offer For Kloeckner To 57.5%

Worthington Steel, Inc.

Worthington Steel, Inc.

WS

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- 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]