Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Worthington Steel to buy Kloeckner & Co in $2.4 billion deal
    Finance
    Worthington Steel to buy Kloeckner & Co in $2.4 billion deal

    Published by Global Banking and Finance Review

    Posted on January 15, 2026

    Featured image for article about Finance
    Tags:Mergers and Acquisitionsinvestmentcorporate strategy

    Worthington Steel to buy Kloeckner & Co in $2.4 billion deal

    Worthington Steel's Strategic Acquisition

    (Corrects to say Kloeckner & Co, not Kloeckner & Coin, in headline and story)

    Details of the Deal

    Jan 15 (Reuters) - Worthington Steel said on Thursday that it would buy metal processing firm Kloeckner & Co in a deal valued at $2.4 billion.

    Market Reactions

    (Reporting by Nathan Gomes in Bengaluru; Editing by Alan Barona)

    Frequently Asked Questions about Worthington Steel to buy Kloeckner & Co in $2.4 billion deal
    1What is a merger?

    A merger is a business combination where two companies join to form a single entity, often to enhance competitiveness and efficiency.

    2What is an acquisition?

    An acquisition occurs when one company purchases another company, gaining control over its assets and operations.

    3What is corporate strategy?

    Corporate strategy refers to the overall plan and direction a company takes to achieve its goals, including mergers, acquisitions, and resource allocation.

    4What is financial news?

    Financial news covers updates and developments in the financial markets, including stock prices, economic indicators, and corporate transactions.

    5What is investment?

    Investment involves allocating resources, usually money, to generate profit or income over time, often through purchasing assets like stocks or real estate.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Finance PostECB on a steady rate path for now but Fed tussle a risk, chief economist warns
    Next Finance PostTrading Day: Chips, banks up; oil slumps
    More from Finance

    Explore more articles in the Finance category

    EV shift repaints Britain's car market green, industry body says
    EV shift repaints Britain's car market green, industry body says
    ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
    ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
    Trading Day: Chips, banks up; oil slumps
    Trading Day: Chips, banks up; oil slumps
    Czech PM Babis' government wins confidence vote as policies on budget, Ukraine shift
    Czech PM Babis' government wins confidence vote as policies on budget, Ukraine shift
    Exclusive-IMF's growth forecasts to show resilience to global trade shocks, Georgieva says
    Exclusive-IMF's growth forecasts to show resilience to global trade shocks, Georgieva says
    Blackstone could invest up to $4.65 billion for data center in Germany, Handelsblatt reports
    Blackstone could invest up to $4.65 billion for data center in Germany, Handelsblatt reports
    Exclusive-IMF's Georgieva expects to send Ukraine program for board approval in weeks
    Exclusive-IMF's Georgieva expects to send Ukraine program for board approval in weeks
    NATO Secretary General: discussed Russia's attacks and energy problems with Ukraine's Zelenskiy
    NATO Secretary General: discussed Russia's attacks and energy problems with Ukraine's Zelenskiy
    Spain to launch sovereign wealth fund to extend stimulus from expiring EU funds
    Spain to launch sovereign wealth fund to extend stimulus from expiring EU funds
    Rio Tinto to supply copper to Amazon for AI data centers
    Rio Tinto to supply copper to Amazon for AI data centers
    Analysis-To survive, Saks must court the slightly-less-wealthy
    Analysis-To survive, Saks must court the slightly-less-wealthy
    Analysis-Musk dealt blow over Grok deepfakes, but regulatory fight far from over
    Analysis-Musk dealt blow over Grok deepfakes, but regulatory fight far from over
    View All Finance Posts