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BY E-MAIL AND BY HAND
Brian V. Brel~eny,Esq. Chief, Office of Mergers and Acquisitions Division of Corporation Finance
Christina E. Chalk, Esq. Special Counsel, Office of Mergers and Acquisitioil Division of Corporation Finance
Securities and Exchange Conlnlission 100 F Street, N.W. Washington, D.C. 20549
Ladies and Gentlemen:
We are writing on behalf of our clients Bayer Aktiengesellschaft, a Gerillan stock corporation ("Bayer"), and Dritte BV GmbH (the "Offeror" and, together with Bayer, the "Baycr Entities").
As of Septcinber 8,2006, the Offeror owned approxinlately 95.112% of thc ordinary shares wit11no par value (the "Ordinary Sl~ares"),includiilg Ordiilary Shares represented by American Depositary Shares (the "ADSs" and, together with the Ordinary Shares, the "Shares"), of Schering Aktiengesellschaft, a Gerillan stock corporation ("Scl~erii~g")outstanding as of that date (excluding treasury shares). The Offeror acquired these Ordinary Shares pursuant to, outside of and following the earlier voluntary tender offer (the "~oluiltaryTender Offer") for the Shares of Schering described in letters of Latl~aill& Watkins liled wit11 the Securities and Exchange Con~nlissio (the "Commission") on April 12, 2006 and June 12, 2006 and in the Offer Docunlent filed as Exhibit (a)(l)(A) to the Schedule TO filed by the Bayer Entities on April 13, 2006, as ailleilded. The Voluntary Tender Offer concluded on July 6,2006.
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