Alle Storys
Folgen
Keine Story von K+S Aktiengesellschaft mehr verpassen.

K+S Aktiengesellschaft

EANS-Adhoc: K+S Aktiengesellschaft
K+S signs agreement with Rohm and Haas, a wholly owned subsidiary of The Dow Chemical Company to purchase U.S. salt producer Morton Salt
Transaction Value of USD 1.675 billion agreed
Closing expected by mid ...

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
02.04.2009
On 2 April 2009, K+S Aktiengesellschaft signed an agreement with Rohm
and Haas, a wholly owned subsidiary of The Dow Chemical Company on 
the purchase of Morton International, Inc. (Morton Salt). The total 
transaction value is USD 1.675 billion. The purchase price will be 
paid in cash. The financing is fully underwritten by Dresdner 
Kleinwort, Société Générale and Unicredit (HVB). Subject to receipt 
of required antitrust approvals, it is expected that the closing of 
the transaction will take place by mid year 2009. The acquisition 
will be clearly EPS accretive from 2010 onwards.
Further information about the acquisition of Morton Salt can be 
obtained from the K+S website www.k-plus-s.com.
K+S Aktiengesellschaft
Kassel, 2 April 2009
The Board of Executive Directors
End of ad hoc disclosure
end of announcement                               euro adhoc

Further inquiry note:

Christian Herrmann
Investor Relations
phone: +49(0)561-9301-1460
mail: christian.herrmann@k-plus-s.com

Branche: Chemicals
ISIN: DE0007162000
WKN: 716200
Index: DAX, Midcap Market Index, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / regulated dealing
Börse Hamburg / regulated dealing
Börse Stuttgart / regulated dealing
Börse Düsseldorf / regulated dealing
Börse Hannover / regulated dealing
Börse München / regulated dealing

Weitere Storys: K+S Aktiengesellschaft
Weitere Storys: K+S Aktiengesellschaft