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

2020. október 05., hétfő, 09:56





DGAP-Ad-hoc: 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








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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





 
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