Core Viewpoint - Worthington Steel has lowered the minimum acceptance threshold for its voluntary takeover offer for Kloeckner & Co SE to 57.5% and will not change the offer price or terms [1][3]. Group 1: Offer Details - The acceptance period for the takeover offer has been extended from March 12, 2026, to March 26, 2026, following the reduction of the minimum acceptance threshold [1]. - As of March 9, 2026, Worthington Steel has secured approximately 56.9% of Kloeckner's issued share capital [1]. - Worthington Steel's all-cash offer is set at €11.00 per share, representing a 98% premium over Kloeckner's three-month volume-weighted average share price as of December 5, 2025 [1]. Group 2: Company Background - Worthington Steel is a metals processor with expertise in carbon flat-roll steel processing and operates 37 facilities across seven states and ten countries [1]. - Kloeckner is one of the largest independent steel and metal processors, with sales of approximately €6.6 billion in fiscal year 2024 and a distribution network of around 110 locations [1][3]. - Both companies emphasize sustainability and innovation in their operations, with Worthington Steel focusing on value-added processing capabilities [1].

Group 1 - Nykredit has received approval from the Danish Competition and Consumer Authority for its voluntary takeover offer for Spar Nord Bank A/S, marking the completion of all necessary regulatory approvals [1][2] - The offer period for the takeover will expire on 20 May 2025 at 23:59 (CEST), with Nykredit planning to announce the preliminary calculation of acceptances on 21 May 2025 [3] - The completion of the offer is still subject to the fulfillment of remaining conditions outlined in the Offer Document [2]

Core Points - Eesti Energia AS has made a voluntary takeover offer to acquire all shares of Enefit Green AS not already owned by it [1][2] - The takeover offer was approved by the Estonian Financial Supervision and Resolution Authority on 7 April 2025 [3] - The purchase price offered for each share is EUR 3.40 [3] Offer Details - The offer commenced on 8 April 2025 and ended on 12 May 2025 [3] - A total of 52,940,905 shares, approximately 20% of all shares, were sold to the Offeror by participating shareholders [4] - The payment for the shares will occur on 16 May 2025, with shareholders receiving the purchase price based on the number of shares sold [5] Ownership Changes - Prior to the offer, the Offeror held 203,931,405 shares, representing 77.17% of all shares [6] - After the offer, the Offeror will own a total of 256,872,310 shares, amounting to 97.2% of all shares [6] - This acquisition allows the Offeror to represent at least 90% of the voting share capital of Enefit Green [6] Next Steps - The Offeror will prepare a takeover report to justify the conditions for transferring shares held by minority shareholders [7] - A meeting of shareholders will be convened to decide on the takeover and the delisting of shares from Nasdaq Tallinn Stock Exchange [7] - Shareholders will have at least one month to access draft resolutions and relevant reports before the meeting [7]