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Klöckner & Co SE Management, Supervisory Boards Back Amended Worthington Steel Acquisition Offer
03/13/2026 - Klöckner & Co SE’s management and supervisory boards announced their continued support of Worthington Steel Inc.’s takeover offer after they lowered the minimum acceptance threshold.
The company said Worthington Steel decided to lower the minimum acceptance threshold from 65% to 57.5%, with the acceptance period extended to 26 March 2026. The boards said they believe this increases the likelihood of the transaction going through successfully.
For the full statement, click here.
For the full statement, click here.
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