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K+S says DPR examining accounts, Bafin found impairment requirements not met
K+S Reaches Agreement With Herleshausen Community On Waste Water Dumping
K+S: Major Portion Of Restructuring Cost Cutting Measures Effects Will Run Into Q4 - Conf Call
K&S AG is a Germany-based salt producer and potash provider. The Company operates through three segments: Salt, Potash and Magnesium, and Complementary Activities. The Salt segment encompasses the production and marketing of food grade salt, industrial salt and salt for chemical use, de-icing salt and sodium chloride brine. The Potash and Magnesium segment combines the production and marketing of potash fertilizers and fertilizer specialties, as well as potash and magnesium compounds for technical, industrial and pharmaceutical applications. The Complementary Activities segment bundles together recycling activities, waste disposal and reutilization in potash and rock salt mines and CATSAN and THOMAS granulation, as well as logistics services through K+S Transport GmbH and trading in different basic chemicals through Chemische Fabrik Kalk GmbH.
Executive Chairman of the Board, Chief Executive Officer
Independent Chairman of the Supervisory Board, Shareholder representative
Deputy Chairman of the Supervisory Board, Employee Representative
Chief Financial Officer, Member of the Board of Executive Director
Member of the Board of Executive Director
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German minerals miner K+S said on Wednesday the country's Audit Office for Accounting (DPR) is examining its financial reports after financial watchdog BaFin found impairment requirements may not have been determined correctly.
German minerals miner K+S on Thursday reported higher than expected third-quarter core profit, buoyed by strong performance by industry and consumer segments of its Americas unit and strict cost discipline.
German minerals miner K+S on Thursday reported higher than expected third-quarter core profit, as strong results in the Americas segment and strict cost discipline offset the effects of lower early de-icing salt fills.
German minerals miner K+S on Wednesday said it will take a one-off non-cash impairment loss of about 2 billion euros ($2.4 billion) on assets, citing lower long-term potash price expectations and a higher cost of capital rate.
K+S has signed an agreement to sell its North and South American salt business to Stone Canyon Industries Holdings and affiliates for $3.2 billion, the German minerals miner said in a statement on Monday.
German minerals miner K+S on Thursday said it had reached an agreement for a 350-million-euro ($412 million) loan to help it deal with the coronavirus crisis while reporting quarterly core profit above forecasts but below last year's level.
German minerals miner K+S on Thursday reported higher than expected second-quarter core profit, as good operational performance and high cost discipline partly offset lower average prices for potash fertilizers and the effects of the coronavirus pandemic.
German minerals miner K+S <SDFGn.DE> has shortlisted hedge fund billionaire James Simons' family office as well as private equity firms for a sale of its $2 billion Morton Salt business, people familiar with the matter said.
Boies Schiller Flexner has lost another partner to King & Spalding - at least the 20th to make that move this year - while the firm said Monday that it's adding two bankruptcy partners, bolstering a practice that has stayed busy for many firms during the coronavirus pandemic...
German minerals miner K+S <SDFGn.DE> aims to agree a sale of its salt business in the Americas by the end of 2020 and has applied for an additional state-secured credit line to cut debt, Chief Executive Burkhard Lohr said on Wednesday.
German minerals miner K+S aims to agree a sale of its salt business in the Americas by the end of 2020, Chief Executive Burkhard Lohr said on Wednesday.
Indebted German mineral miner K+S <SDFGn.DE> slashed its dividend proposal on Friday to become eligible for state aid, seeking to guard itself against any liquidity squeeze.
German mineral miner K+S on Friday said it would cut its dividend to be eligible for state aid in the form of loans backed by the country's development bank KfW.
German minerals firm K+S is preparing a potential application for state aid as the company grapples with a high debt load and the fallout from the coronavirus pandemic, people close to the matter said.
German minerals firm K+S <SDFGn.DE> said on Wednesday it would sell its salt business in North and South America to slash its debt pile and focus on potash fertilizer products.
K+S <SDFGn.DE> is being advised by Deutsche Bank <DBKGn.DE> and Royal Bank of Canada (RBC) <RY.TO> as the German mineral miner plans to sell its salt business in North and South America, two people familiar with the matter told Reuters on Wednesday.
K+S is being advised by Deutsche Bank and Royal Bank of Canada (RBC) as the German mineral miner plans to sell its salt business in North and South America, two people familiar with the matter told Reuters on Wednesday.
German minerals miner K+S reported lower than expected fourth-quarter core profit on Wednesday, citing the weakening of the potash market and mild winter in Europe.
* PROPOSES DIVIDEND FOR 2019: 0.15 EUROS / SHARE (2018: 0.25 EUROS / SHARE)
* HAS SOLD THE SUBSIDIARY K + S ENTSORGUNG (SCHWEIZ) AG TO THE THOMMEN-FURLER GROUP BASED IN SWITZERLAND
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.