secwatch.observer — SEC 8-K summary
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Issuer:     Worthington Steel, Inc. (WS)
CIK:        0001968487
Form:       8-K/A
Filed at:   2026-08-19T20:25:03+00:00
Accession:  0001193125-26-356964
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worthington Steel acquires Klöckner at €11.00/share; pro forma FY25 net loss $12.4M
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- Acquisition of Klöckner & Co SE completed June 3, 2026 for €11.00 cash per share.
- Pro forma FY25 (year ended May 31, 2025): net sales $9,216.1M, net loss attributable to controlling interest $(12.4)M, EPS $(0.25).
- Pro forma nine months ended Feb 28, 2026: net sales $7,221.7M, net earnings $50.5M, diluted EPS $0.56.
- Financing via $700M 7.75% senior notes due 2033 and $700M term loan facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1968487/000119312526356964/0001193125-26-356964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1968487/000119312526356964/d417231d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-356964

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