Germany's K+S eyes takeovers in Australia, Asia -newspaper FAZ

FRANKFURT, Sept 27 (Reuters) - German salt and fertilizer
company K+S SDFGn.DE is examining prospects for takeovers and
the development of mines in Australia and Asia, a German
newspaper reported on Sunday, citing a company spokesman.
"We are exploring possibilities to better develop the market
in the Asia-Pacific region," the spokesman told the Frankfurter
Allgemeine Zeitung, in a report released ahead of publication on
Monday.
K+S is not present in Australia and only has sales offices
in Asia, the paper said.
K+S is the target of a takeover offer from Canada's Potash
Corp POT.TO POT.N , but the two sides are not actively
discussing a deal, following an earlier rejection of it by K+S.
ID:nL1N11M19J

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