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Worthington Steel Explores Potential Takeover by Klöckner

12/8/2025

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Summary

Story summary

Worthington Steel, Inc. is in talks with Klöckner & Co. SE about a potential voluntary public takeover offer.
No investment decision has been made.
Worthington is conducting due diligence.
Klöckner & Co. SE has been improving profitability by selling low-margin businesses, including eight United States distribution facilities.
Its shares have risen 17% since November, closing at €6.07 ($7.07) on Friday.

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Story summary

Worthington Steel, Inc. is in talks with Klöckner & Co. SE about a potential voluntary public takeover offer.
No investment decision has been made.
Worthington is conducting due diligence.
Klöckner & Co. SE has been improving profitability by selling low-margin businesses, including eight United States distribution facilities.
Its shares have risen 17% since November, closing at €6.07 ($7.07) on Friday.