DGAP-Adhoc: K+S Aktiengesellschaft: K+S confirms advanced negotiations on the sale of the operating unit Americas
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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
[email protected]
05-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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| Language: |
English |
| Company: |
K+S Aktiengesellschaft |
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Bertha-von-Suttner-Str. 7 |
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34131 Kassel |
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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 |
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| End of Announcement |
DGAP News Service |
1138756 05-Oct-2020 CET/CEST
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K+S Aktiengesellschaft DE000KSAG888