AI assistant
K+S AG M&A Activity 2020
239_rns_2020-10-05_d980211d-c8a7-4542-a0c2-7abb309dccbd.html
M&A Activity
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 5 October 2020 09:56
K+S Aktiengesellschaft: K+S confirms advanced negotiations on the sale of the operating unit Americas
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
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: | [email protected] |
| 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 |