Potash One Agrees to Friendly Takeover by K+S for CAD 4.50 Per Share in Cash

K+S Aktiengesellschaft and Potash One Inc. announced today that they have entered into a Support Agreement pursuant to which K+S will make an offer to acquire all of the issued and outstanding common shares* of Potash One at a price of CAD 4.50 per share in cash for total consideration of approximately CAD 434 million (EUR 311 million).