4 most recent filings and news items mentioning WS. Updated every 60 seconds.
M&AJul 15, 2026Neutral
Worthington Steel announced the launch of a tender offer for Kloeckner shares at EUR 11.00 per share to complete the delisting. This move allows remaining minority shareholders to exit the company and eliminates public trading in Kloeckner.
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EarningsJun 25, 2026Negative
Worthington Steel reported a fiscal 2026 fourth-quarter net loss of $48.7 million driven by acquisition expenses despite a 12% increase in sales to $929.2 million. The company closed on its acquisition of a majority interest in Kloeckner & Co. in June 2026, aiming to diversify it
View filing at SEC.gov →
M&AJun 3, 2026Positive
Worthington Steel completed its takeover of Kloeckner & Co, securing approximately 62% of shares, and announced plans to launch a delisting tender offer for remaining shareholders at EUR 11.00 per share. The transaction is expected to broaden Worthington's product portfolio, dive
View filing at SEC.gov →
OfferingMay 26, 2026Positive
Worthington Steel announced a $900 million senior secured notes offering due 2033, with proceeds designated for the pending acquisition of Kloeckner & Co SE, debt repayment, and working capital. The offering includes escrow provisions contingent on acquisition completion by March
View filing at SEC.gov →
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