6-K UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
May 30, 2006
BASF AKTIENGESELLSCHAFT
(Exact name of Registrant as Specified in its Charter)
BASF CORPORATION
(Translation of Registrant's name into English)
Carl Bosch Strasse 38, LUDWIGSHAFEN, GERMANY 67056
(Address of Principal Executive Offices)
Indicate by check mark whether the
Registrant files or will file
annual reports under cover Form
20-F or Form 40-F
Form 20-F X Form 40-F
Indicate by check mark whether the Registrant by
furnishing the information contained in this Form
is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned to the
Registrant in connection with Rule 12g3-2(b): 82- .
May 24, 2006
P 262/06e
Michael Grabicki
Phone: +49 621 60 99938
Fax: +49 621 60 92693
michael.grabicki@basf.com
US media contact:
-----------------
Rand Pearsall
Phone: +1 973 245 6820
Fax: +1 973 245 6714
rand.pearsall@basf.com
Analysts/Investors contact:
---------------------------
Christoph Beumelburg
Phone: +1 973 245 6013
Cell: +1 973 519 2981
Fax: +1 973 245 6714
christoph.beumelburg@basf.com
BASF Aktiengesellschaft
67056 Ludwigshafen, Germany
Phone:+49 621 60-0
http://www.basf.com
Corporate Media Relations
Phone: +49 621 60-20916
Fax: +49 621 60-92693
presse.kontakt@basf.com
ISS recommends that Engelhard's shareholders vote "FOR" BASF's nominees
Ludwigshafen, Germany, May 24, 2006 - BASF Aktiengesellschaft (Frankfurt: BAS,
NYSE: BF [ADR], LSE: BFA, SWX: AN) today announced that Institutional
Shareholder Services (ISS) has recommended that Engelhard's shareholders vote
for BASF's five nominees for election to Engelhard's Board of Directors at the
June 2 Annual Shareholders' Meeting.
ISS is a highly respected, independent proxy advisory firm, and its voting
analyses and recommendations are relied upon by hundreds of institutional
investors, mutual funds, and fiduciaries throughout the world.
BASF is pleased that ISS has recognized the value and certainty of BASF's
all-cash offer and recommended that Engelhard's shareholders vote "FOR" BASF's
nominees.
BASF is the world's leading chemical company: The Chemical Company. Its
portfolio ranges from chemicals, plastics, performance products, agricultural
products and fine chemicals to crude oil and natural gas. As a reliable partner
to virtually all industries, BASF's intelligent system solutions and high-value
products help its customers to be more successful. BASF develops new
technologies and uses them to open up additional market opportunities. It
combines economic success with environmental protection and social
responsibility, thus contributing to a better future. In 2005, BASF had
approximately 81,000 employees and posted sales of more than (euro)42.7 billion.
BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA),
New York (BF) and Zurich (AN). Further information on BASF is available on the
Internet at www.basf.com.
Page 2 P 262/06e
BASF is currently soliciting proxies for use at Engelhard's 2006 annual meeting
of stockholders, or at any adjournment or postponement thereof, to vote in favor
of BASF's nominees identified in the definitive proxy statement on Schedule 14A
filed with the U.S. Securities and Exchange Commission (the "SEC") on May 12,
2006, and to vote on any other matters that shall be voted upon at Engelhard's
2006 annual meeting of stockholders. All Engelhard stockholders are strongly
encouraged to read the definitive proxy statement, because it contains important
information. Engelhard stockholders may obtain copies of the definitive proxy
statement and related materials for free at the SEC's website at www.sec.gov.
The identity of people who may be considered "participants in a solicitation" of
proxies from Engelhard stockholders for use at Engelhard's 2006 annual meeting
of stockholders under SEC rules and a description of their direct and indirect
interests in the solicitation, by security holdings or otherwise, are contained
in the definitive proxy statement on Schedule 14A that BASF filed with the SEC
on May 12, 2006.
BASF may also solicit written consents of Engelhard stockholders to (a) amend
the bylaws of Engelhard to increase the number of directors on Engelhard's Board
of Directors to twelve and provide that any newly created vacancies on
Engelhard's Board of Directors shall be filled by Engelhard's stockholders, and
(b) to appoint individuals selected by BASF to fill the vacancies created
thereby (the "Proposals"). Full details of the Proposals are contained in the
preliminary consent solicitation statement on Schedule 14A that BASF filed with
the SEC on May 15, 2006. All Engelhard stockholders are strongly encouraged to
read the preliminary consent statement and the definitive consent statement when
they are available because they will contain important information. Engelhard
stockholders may obtain copies of the preliminary consent statement and related
materials for free at the SEC's website at www.sec.gov. The identity of people
who, under SEC rules, may be considered "participants in a solicitation" of
consents for the Proposals and a description of their direct and indirect
interests in the solicitation, by security holdings or otherwise, are contained
in the preliminary consent statement on Schedule 14A filed with the SEC on May
15, 2006.
This press release is provided for informational purposes only and is neither an
offer to purchase nor a solicitation of an offer to sell any securities of
Engelhard Corporation. Any offers to purchase or solicitation of offers to sell
will be made only pursuant to the tender offer statement (including the offer to
purchase, the letter of transmittal and other offer documents) which was
initially filed with the SEC on January 9, 2006. Engelhard stockholders are
advised to read these documents and any other documents relating to the tender
offer that are filed with the SEC carefully and in their entirety because they
contain important information. Engelhard stockholders may obtain copies of these
documents for free at the SEC's website at www.sec.gov or by calling Innisfree
M&A Incorporated, the Information Agent for the offer, at +1 877 750 5837 (Toll
Free from the U.S. and Canada) or 00800 7710 9971 (Toll Free from Europe).
Page 3 P 262/06e
This press release contains forward-looking statements. All statements contained
in this press release that are not clearly historical in nature or that
necessarily depend on future events are forward-looking, and the words
"anticipate," "believe," "expect," "estimate," "plan," and similar expressions
are generally intended to identify forward-looking statements. These statements
are based on current expectations, estimates and projections of BASF management
and currently available information. They are not guarantees of future
performance, involve certain risks and uncertainties that are difficult to
predict and are based upon assumptions as to future events that may not prove to
be accurate.
Many factors could cause the actual results, performance or achievements of BASF
to be materially different from those that may be expressed or implied by such
statements. Such factors include those discussed in BASF's most recent Form 20-F
filed with the SEC.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
BASF Aktiengesellschaft
May 30, 2006 By: /s/ Elisabeth Schick
------------------------------------
Name: Elisabeth Schick
Title: Director Site Communications
Ludwigshafen and Europe
By: /s/ Christian Schubert
------------------------------------
Name: Christian Schubert
Title: Director Corporate Communications
BASF Group