---
title: "Kloeckner board takes neutral stance on Worthington Steel’s EUR 11-a-share delisting offer"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293427809.md"
description: "Klöckner & Co.'s board has adopted a neutral stance on Worthington Steel's EUR 11-per-share offer to buy shares and facilitate delisting. The unconditional offer period runs until August 12, 2026. Worthington Steel already holds approximately 62% of shares, raising liquidity concerns post-delisting. Additionally, plans for a control and profit-transfer agreement were flagged, potentially leading to a future cash exit at an unspecified price."
datetime: "2026-07-22T06:07:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293427809.md)
  - [en](https://longbridge.com/en/news/293427809.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293427809.md)
generator: "portal-rs"
---

# Kloeckner board takes neutral stance on Worthington Steel’s EUR 11-a-share delisting offer

-   Worthington Steel launched a EUR 11 per share offer to buy Klöckner & Co shares to support a planned delisting. \* The offer has no closing conditions; the delisting is expected to take effect immediately when the offer period ends. \* Worthington Steel already holds about 62%, raising the risk of sharply reduced trading liquidity once the listing is withdrawn. \* The offer period is expected to run through Aug. 12, 2026. \* Worthington Steel has also flagged plans for a control and profit-transfer agreement, which could later include a cash exit at an undetermined price. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Klöckner & Co. SE published the original content used to generate this news brief via EQS News (Ref. ID: corporate\_2369512\_de) on July 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**