K+S at the bottom of STOXX after convertible bonds offering
09/06/2026 08:41
BUZZ-K+S at the bottom of STOXX after convertible bonds offering ** Shares in potash and salt miner K+S SDFGn.DE fall 4% after the company launched an offering of approximately €300 million ($346.20 million) convertible bonds due 2031
** It said it plans to use the proceeds to finance acquisition of Qemetica's salt business in Poland and Germany
** Last week it said it would acquire Polish chemicals firm Qemetica's salt business for around €350-380 million
** Stock at the bottom of pan-European STOXX 600 index .STOXX
($1 = 0.8666 euros)
(Reporting by Paolo Laudani in Gdansk)
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