Worthington Steel To Reduce Mandatory Threshold Of Voluntary Takeover Offer For Kloeckner To 57.5%
ReutersMar 10, 2026 11:34 AM
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
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