Schering Deutschland GmbH

euro adhoc: Schering AG
Mergers - Acquisitions - Takeovers
Schering AG comments on takeover approach

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12.03.2006

Schering AG, Germany confirmed today that it has been informed by Merck KGaA representatives during the weekend that Merck KGaA intends to make an all-cash offer for the shares of Schering AG at EUR 77 per share.

After the information about the approach became public, the Executive Board of Schering AG stated that this offer significantly undervalues Schering and its prospects as an independent specialized pharmaceutical company.

Schering also confirmed that the approach is unsolicited and that no negotiations are ongoing with Merck KGaA.

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ots Originaltext: Schering Deutschland GmbH
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Oliver Renner
Head Corporate Business Communication
Tel.:  +49 (0)30 468 12431
Fax: +49 (0)30 468 16646
E-Mail: oliver.renner@schering.de

Branche: Pharmaceuticals
ISIN:      DE0007172009
WKN:        717200
Index:    DAX, CDAX, HDAX, Prime All Share
Börsen:  Baden-Württembergische Wertpapierbörse / regulated dealing
              Niedersächsische Börse zu Hannover / regulated dealing
              New York / ADR
              Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / official dealing
              Hamburger Wertpapierbörse / official dealing
              Börse Düsseldorf / official dealing
              Bayerische Börse / official dealing



Weitere Meldungen: Schering Deutschland GmbH

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