secwatch.observer — SEC 8-K summary
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Issuer:     Worthington Steel, Inc. (WS)
CIK:        0001968487
Form:       8-K
Filed at:   2026-07-15T11:24:02+00:00
Accession:  0001193125-26-304049
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worthington Steel begins acceptance period for delisting tender offer of Kloeckner at EUR 11.00/share
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- Cash consideration of EUR 11.00 per Kloeckner share; acceptance period runs July 15 to August 12, 2026.
- Worthington Steel currently holds approximately 62% of Kloeckner's outstanding shares.
- Delisting Offer is not subject to any closing conditions or minimum acceptance threshold.
- Following delisting, Kloeckner shares will no longer trade on a regulated market, reducing liquidity.
- Offer document approved by German regulator Bafin; details available at www.strong-for-good.com.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1968487/000119312526304049/0001193125-26-304049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1968487/000119312526304049/ws-20260715.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-304049

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