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K+S rejects PotashCorp offer – Alert

July 2, 2015Breaking Industry Newswebster@kennedyinfo.com

K+S Group said July 2 that following a thorough review of all aspects and considering the overall circumstances, it has decided to reject the unsolicited proposal of Potash Corp. of Saskatchewan Inc. to acquire all outstanding shares of K+S for 41 Euro per share. The company said the proposed transaction does not reflect the fundamental value of K+S and is not in the best interest of the company.

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