K+S AKTIENGESELLSCHAFT (FRA:SDF) K+S Aktiengesellschaft: K+S receives allowance from the U.S. Justice Department for the sale of the Americas operating unit and no longer anticipates any antitrust hurdles to the closing of the sale
Transparency directive : regulatory news
19/04/2021 21:02
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DGAP-Ad-hoc: K+S Aktiengesellschaft / Key word(s): Disposal/Statement
The U.S. Department of Justice has allowed the sale of the Americas operating unit, which comprises the American salt business of K+S Aktiengesellschaft, to Stone Canyon Industries Holdings LLC, Mark Demetree and Partners to proceed. Now that K+S no longer anticipates any antitrust hurdles, the Company expects the closing of the sale to be predominantly probable from today's perspective around April 30, 2021. The enterprise value amounts to USD 3.2 billion. The purchase price payment of around EUR 2.5 billion will be made in cash.
Further information is available at www.kpluss.com. Contact: Investor Relations: Dirk Neumann Phone: +49 561 9301-1460 d.neumann@k-plus-s.com
19-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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: | 1186332 |
| End of Announcement | DGAP News Service |
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1186332 19-Apr-2021 CET/CEST
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