FRANKFURT, Oct 4 (Reuters) - German minerals miner K+S SDFGn.DE will rule out a separate listing of its salt activities, owner of the Morton Salt brand, when it unveils the results of a strategic review on Monday, a person familiar with the company's thinking said.
Chief Executive Officer Burkhard Lohr has continued a company review started by his predecessor Norbert Steiner, who stepped down in May, and is looking at ways to boost the value of its salt unit. It won't be a Salt IPO. It doesn't make any strategic sense and it doesn't pay off," the source said on Wednesday.