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09-18-2014

Bayer to Separate Plastics Business

According to an Ad hoc Disclosure , the Bayer AG Board of Management plans to focus the Group’s business on the Life-Science, HealthCare and CropScience sectors, and float MaterialScience on the stock market as a separate company. This would position Bayer as a global leader in the area of human, animal and plant health.

The decision was made on September 2, 2014, by the Board of Management. The Supervisory Board of Bayer AG will discuss these plans at its meeting today, Thursday. After the Supervisory Board has come to its decision, further information will be released.

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