Successful conclusion of take-over offer
K+S Completes Acquisition of Potash One
- K+S now holds 100% of the outstanding common shares of Potash One
- Potash One shares were delisted from the Toronto Stock Exchange (TSX)
- K+S continues the development of the Legacy Project in Saskatchewan
K+S Aktiengesellschaft (“K+S”) is pleased to announce that K+S’ indirect wholly-owned subsidiary, K+S Canada Holdings Inc. (“K+S Canada”), has completed the compulsory acquisition of all outstanding common shares of Potash One not already owned by it pursuant to section 206 of the Canada Business Corporations Act. As a result of the compulsory acquisition, K+S Canada now holds 100% of the outstanding common shares of Potash One.
Further information
- Notice of Compulsory Acquisition (PDF)
- Letter of Transmittal (PDF)
- Notice of variation and extension (PDF)
- Take-over bid circular (PDF)
- Letter of transmittal (PDF)
- Notice of guaranteed delivery (PDF)
- Press release 24 March 2011: K+S Completes Acquisition of Potash One
- Press release 7 February 2011: K+S Increases Ownership of Potash One to 90,9%
- Press release 19 January 2011: K+S Acquires 81% Majority Stake in Potash One
- Press release 13 December 2010: K+S and Potash One Mail Take-Over Bid Circular and Directors' Circular
- Press release 22 November 2010: Potash One agrees to friendly takeover by K+S for CAD 4.50 per share in cash
- Website K+S Potash Canada
Contact
Christian Herrmann, CFA
Head of Investor Relations
Phone : +49 561 9301 1460
christian.herrmann@k-plus-s.com
