October 2012

Strategic move to significantly strengthen Consumer Care business of Bayer: Bayer to acquire Schiff Nutrition International for US$ 1.2 billion Transaction includes MegaRed®, Move Free® and Airborne® brands

Dr. Marijn Dekkers has been chairman of Bayer AG’s Group Board of Management since October 1, 2010. (Image: Bayer AG)

Leverkusen, Germany/Morristown, New Jersey/Salt Lake City, Utah, USA (October 30, 2012) – Bayer HealthCare LLC has signed a merger agreement to acquire Schiff Nutrition International, Inc. (NYSE: SHF), a leading company offering vitamins and nutritional supplements in the United States and other countries. Schiff’s product portfolio includes core brands MegaRed®, Move Free® and Airborne®, among others. The transaction values Schiff at approx. US$1.2 billion (approx. EUR 920 million) representing US$34 per share in cash. Closing is subject to customary closing conditions and is expected by year end 2012.

BASF maintains good business performance in the third quarter

Dr. Kurt Bock, 54, Chairman of the Board of Executive Directors, Business economist, with BASF for 21 years. (Image: BASF)

Ludwigshafen, Germany – October 25, 2012 – After a solid first half, BASF maintained good business performance overall in the third quarter. Sales rose by 8% to €19 billion, particularly due to higher volumes. At just under €2.1 billion, income from operations (EBIT) before special items was 5% above the level of the third quarter of 2011. The higher contribution from the Oil & Gas and Agricultural Solutions segments more than offset lower earnings in the chemicals business (which comprises the Chemicals, Plastics, Performance Products and Functional Solutions segments).