Ad-hoc
Statement: K+S confirms advanced negotiations on the sale of the operating unit Americas
05.10.2020 – 9:56 AM CEST
Release of Insider Information according to section 17 MAR
In response to market rumors, K+S confirms that it is in very advanced negotiations with Stone Canyon Industries 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.
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