Kloeckner & Co Confirms Takeover Talks With Worthington Steel

Dow Jones

12/08

By Nina Kienle

Kloeckner & Co confirmed it is in talks for a potential voluntary public takeover for all its shares with U.S. metals processor Worthington Steel.

The German metals company over the weekend said that Worthington Steel is conducting a due diligence review with the aim of a potential takeover of Kloeckner & Co.

"It is currently uncertain whether or under which conditions a potential voluntary public takeover offer will be pursued", Kloeckner & Co said.

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

December 08, 2025 01:33 ET (06:33 GMT)

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