Kloeckner board takes neutral stance on Worthington Steel’s EUR 11-a-share delisting offer

Worthington Steel, Inc.

Worthington Steel, Inc.

WS

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  • Worthington Steel launched a EUR 11 per share offer to buy Klöckner & Co shares to support a planned delisting.
  • The offer has no closing conditions; the delisting is expected to take effect immediately when the offer period ends.
  • Worthington Steel already holds about 62%, raising the risk of sharply reduced trading liquidity once the listing is withdrawn.
  • The offer period is expected to run through Aug. 12, 2026.
  • Worthington Steel has also flagged plans for a control and profit-transfer agreement, which could later include a cash exit at an undetermined price.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Klöckner & Co. SE published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2369512_de) on July 22, 2026, and is solely responsible for the information contained therein.

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