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Worthington Steel Raises $1.4 Billion for KlΓΆeckner Takeover

28 May 2026 at 21:16
Worthington Steel Inc. raised $1.4 billion in the leveraged-finance market Thursday to help fund its acquisition of German metals company KlΓΆeckner & Co SE.

The Worthington Steel logo is arranged on a smartphone screen in Canada on Dec. 17, 2025. Photographer: Thomas Fuller/SOPA Images/LightRocket/Getty Images
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