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K+S sells Americas salt business for $3.2 billion

Cecilia Jamasmie | October 07, 2020 | 5:58 am Markets Canada Europe Latin America Potash 

German fertilizer producer K+S AG (ETR, FRA: SDF) has sold its American salt unit to Kissner Group for $3.2 billion, a move that would provide the company with much-needed funds to pay down debt. The sale of Morton Salt comes a decade after K+S acquired it...

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