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

eqs_en 
0 0 05.10.20
DGAP-Adhoc: K+S Aktiengesellschaft: K+S confirms advanced negotiations on the sale of the operating unit Americas: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/23723/Ks_logo.svg.png
 

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
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

1138756  05-Oct-2020 CET/CEST

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K+S AG Stock

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The price for the K+S AG stock decreased slightly today. Compared to yesterday there is a change of -€0.040 (-0.340%).
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A slightly negative potential of -14.42% at a current price of 11.69 € for K+S AG is the result of a target price of 10 €.
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eqs_en 
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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