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

Reuters03-10
BRIEF-<a href="https://laohu8.com/S/WS">Worthington Steel</a> To Reduce Mandatory Threshold Of Voluntary Takeover Offer For Kloeckner To 57.5%

March 10 (Reuters) - 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]

(Gdansk Newsroom)

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