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K+S Aktiengesellschaft: K+S confirms advanced negotiations on the sale of the operating unit Americas

·1-min read

K+S Aktiengesellschaft / Key word(s): Statement
K+S Aktiengesellschaft: K+S confirms advanced negotiations on the sale of the operating unit Americas

05-Oct-2020 / 09:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

In response to market rumors, K+S confirms that it is in very advanced negotiations with Stone Canyon Industrie Holdings LLC about a potential sale of its operating unit Americas. The purchase price is expected to be $ 3.2 billion (enterprise value). Agreements have not been signed and hence there is no certainty that an agreement can be reached and announced.


Contact:
Investor Relations:
Dirk Neumann
Phone: +49 561 9301-1460
d.neumann@k-plus-s.com

05-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

K+S Aktiengesellschaft

Bertha-von-Suttner-Str. 7

34131 Kassel

Germany

Phone:

+49 561 9301 0

Fax:

+49 561 9301 2425

E-mail:

investor-relations@k-plus-s.com

Internet:

www.k-plus-s.com

ISIN:

DE000KSAG888

WKN:

KSAG88

Indices:

MDAX

Listed:

Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange

EQS News ID:

1138756


 

End of Announcement

DGAP News Service

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