FRANKFURT — Canadian mineral miner Potash Corp has made a fresh attempt to win over the management of takeover target K+S and the German regional state of Hesse, where it is headquartered, but failed to entice K+S into merger talks. 134 more words
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The chief executive of K+S AG suspects Potash Corp. of Saskatchewan Inc. will shut down much of his company’s European production if it gains control of it. 702 more words
German potash supplier K+S AG rejected an takeover offer from Canadian fertilizer producer Potash Corp. of Saskatchewan Inc., saying the bid is too low.
“The proposed transaction does not reflect the fundamental value of K+S and is not in the best interest of the company,” the Kassel-based company said in a statement. 319 more words