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03.06.26 - 13:21
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Ad-hoc News: Klöckner & Co SE (EQS)
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Klöckner & Co SE: Entscheidung zur Abgabe eines Delisting-Erwerbsangebots von Worthington Steel zu 11,00 € je Klöckner & Co-Aktie veröffentlicht...
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03.06.26 - 12:24
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Worthington Steel Completes Acquisition of Kloeckner & Co and Announces Intention to Launch Delisting Tender Offer (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today completed its voluntary public takeover offer (the “Takeover Offer”) for Kloeckner & Co SE (“Kloeckner”), a leading global service center and metal processing company, following satisfaction of all closing conditions. Worthington Steel has currently secured approximately 62% of Kloeckner's outstanding shares.
Completion of the Takeover Offer establishes the foundation for a strong strategic partnership between Worthington Steel and Kloeckner. Worthington Steel expects the transaction to broaden its product portfolio, diversify end-market exposure and strengthen its geographic footprint. Over time, the combined company anticipates it will benefit from increased scale, operational efficiencies and the sharing of best practices across both organizations.
“This is an important milestone for Worthington Steel and a meaningful step forward in our growth strategy,” said Geoff Gilmore, Worthington Steel President and CEO. “Kl...
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29.05.26 - 17:54
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Directors’ Dealings News: Klöckner & Co SE (EQS)
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Klöckner & Co SE: George John Ganem III, Veräußerung aufgrund der Annahme des freiwilligen öffentlichen Übernahmeangebots der Worthington Steel GmbH an alle Aktionäre der Klöckner & Co SE vom 5. Februar 2026 (geändert am 10. März 2026). Die letzte Angebotsbedingung ist am 27. Mai 2026 eingetreten....
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29.05.26 - 00:30
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Worthington Steel Prices $700 Million Senior Secured Notes Offering (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (“Worthington Steel”) (NYSE: WS), announced today that it has priced an offering (the “Offering”) of $700.0 million aggregate principal amount of 7.750% senior secured notes due 2033 (the “Notes”). The Offering is expected to close on or about June 1, 2026, subject to customary closing conditions. The aggregate principal amount of Notes to be issued in the Offering has decreased to $700.0 million from $900.0 million, and the principal amount of term loans simultaneously allocated under Worthington Steel's new term loan credit facility has increased by a corresponding amount, from $500.0 million to $700.0 million.
Worthington Steel intends to use the net proceeds from the Offering, together with borrowings under a new term loan credit facility, (i) to fund the consideration and other payments in connection with Worthington Steel's pending acquisition (the “Kloeckner Acquisition”) of Kloeckner & Co SE (“Kloeckner”), (ii) to fund ...
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26.05.26 - 14:09
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Worthington Steel Announces Launch of $900 Million Senior Secured Notes Offering (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (“Worthington Steel”) (NYSE: WS), announced today that WS Escrow LLC (the “Escrow Issuer”), a wholly owned subsidiary of Worthington Steel, intends to offer (the “Offering”), subject to market conditions and other factors, $900 million aggregate principal amount of senior secured notes due 2033 (the “Notes”).
Worthington Steel intends to use the net proceeds from the proposed Offering, together with borrowings under a new term loan credit facility, (i) to fund the consideration and other payments in connection with Worthington Steel's pending acquisition (the “Kloeckner Acquisition”) of Kloeckner & Co SE (“Kloeckner”), (ii) to fund loans to Kloeckner pursuant to a shareholder loan, (iii) to fund share purchases and other compensation to remaining minority Kloeckner shareholders in connection with the Kloeckner Acquisition, (iv) to pay transaction fees and expenses related to the foregoing, (v) to repay certain existing indeb...
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06.05.26 - 07:39
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Klöckner & Co steigert operatives Ergebnis (DPA-AFX)
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DÜSSELDORF (dpa-AFX) - Der Stahlhändler Klöckner & Co hat im ersten Quartal trotz eines Umsatzrückgangs operativ mehr verdient. Der um Sondereffekte bereinigte Gewinn vor Zinsen, Steuern und Abschreibungen (Ebitda) sei um fast zehn Prozent auf 46 Millionen ......
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