(Adds K+S spokesman and background)
FRANKFURT, Aug 7 (Reuters) - German salt and fertilizer
company K+S AG SDFGn.DE said on Friday Potash Corp of
Saskatchewan POT.TO again sent an unsolicited letter to its
management and supervisory boards .
The letter included a proposal for a "business combination
agreement" based on an unchanged price of 41 euros ($44.82) per
share.
Potash Corp has been pushing its ambition to talk with K+S
management despite the German company's rejection last month of
the Canadian company's 7.9 billion euro ($8.6 billion) bid of 41
euros per share.
K+S has suggested Potash plans to shrink the company.
Analysts have speculated Potash wants to acquire K+S, a
higher-cost producer, to shut some production to support prices.
A spokesman for K+S declined further comment.
If it acquires K+S, Potash Corp would finish building the
German company's Saskatchewan mine and sell its potash offshore
through Canpotex, Potash Chief Executive Jochen Tilk said on
July 30.
($1 = 0.9148 euros)