-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AIu3hAZSCRXyy1f/HcVrd7kuKLnZemPlDClD80e8KQYdyYiBRxx7ZRNpNJFA2svv v5DAKjfYpibWlFtXeRxRjg== 0000947871-99-000485.txt : 19991102 0000947871-99-000485.hdr.sgml : 19991102 ACCESSION NUMBER: 0000947871-99-000485 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991101 GROUP MEMBERS: BASF AKTIENGESSELLSCHAFT GROUP MEMBERS: BASFIN CORP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IVAX CORP /DE CENTRAL INDEX KEY: 0000772197 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 161003559 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-37214 FILM NUMBER: 99738855 BUSINESS ADDRESS: STREET 1: 4400 BISCAYNE BLVD CITY: MIAMI STATE: FL ZIP: 33137 BUSINESS PHONE: 3055756000 MAIL ADDRESS: STREET 1: 4400 BISCAYNE BOULEVARD CITY: MIAMI STATE: FL ZIP: 33137 FORMER COMPANY: FORMER CONFORMED NAME: IVAX CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: IVACO INDUSTRIES INC DATE OF NAME CHANGE: 19871213 FORMER COMPANY: FORMER CONFORMED NAME: INLAND VACUUM INDUSTRIES INC DATE OF NAME CHANGE: 19870611 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BASFIN CORP CENTRAL INDEX KEY: 0000010245 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 222026719 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3000 CONTINENTAL DRIVE NORTH CITY: MOUNT OLIVE STATE: NJ ZIP: 07828-1234 BUSINESS PHONE: 2014263230 MAIL ADDRESS: STREET 1: 3000 CONTINENTAL DRIVE NORTH CITY: MOUNT OLIVE STATE: NJ ZIP: 07828-1234 SC 13D/A 1 SCHEDULE 13D - AMENDMENT NO. 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 1) IVAX CORPORATION --------------------------------------- (Name of Issuer) Common Stock, Par Value $.10 per Share --------------------------------------- (Title of Class of Securities) 465823102 --------------------------------------- (CUSIP Number) Thomas Y. Allman BASFIN CORPORATION 3000 Continental Drive-North Mount Olive, New Jersey 07828-1234 Telephone: (201) 426-3230 --------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 28, 1999 ------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Page 1 of 6 CUSIP No. 465823102 - -------------------------------------------------------------------------------- (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person BASFIN Corporation 22-2026719 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of Group (See Instructions) (a) [ X ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Sources of Funds (See Instructions) - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). [ - ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization State of Delaware - -------------------------------------------------------------------------------- (7) Number of Shares Sole Voting Power 0 Beneficially -------------------------------------------- (8) Owned by Shared Voting Power 5,304,700 Each -------------------------------------------- (9) Reporting Sole Dispositive Power 0 Person -------------------------------------------- (10) With Shared Dispositive Power 5,304,700 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 5,304,700 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ - ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.0% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 2 of 6 CUSIP No. 465823102 - -------------------------------------------------------------------------------- (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person BASF Aktiengesellschaft - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of Group (See Instructions) (a) [ X ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Sources of Funds (See Instructions) - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). [ - ] - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Germany - -------------------------------------------------------------------------------- (7) Number of Shares Sole Voting Power 0 Beneficially -------------------------------------------- (8) Owned by Shared Voting Power 5,304,700 Each -------------------------------------------- (9) Reporting Sole Dispositive Power 0 Person -------------------------------------------- (10) With Shared Dispositive Power 5,304,700 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 5,304,700 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ - ] - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.0% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Page 3 of 6 Item 1. Securities and Issuer. BASFIN Corporation, a Delaware corporation ("BASFIN"), and BASF Aktiengesellschaft, a corporation organized under the laws of Germany ("BASF AG" and, together with BASFIN, "BASF") hereby amends, supplements and restates their Schedule 13D, originally filed on October 4, 1996, relating to the shares of common stock, par value $.10 per share ("Issuer Common Stock"), of Ivax Corporation, a Florida corporation (the "Issuer"), with principal executive offices at 4400 Biscayne Boulevard, Miami, Florida 33137. Item 5. Interest in Securities of the Issuer. (a) - (b) As of October 28 1999, BASF beneficially owned 5,304,700 shares of Issuer Common Stock representing 4.997% of the outstanding Issuer Common Stock as of that date. As a result of BASF AG's ownership of all of BASFIN's outstanding capital stock, BASF AG and BASFIN have shared power to vote and dispose of all the shares of Issuer Common Stock so owned. (c) During the past 60 days, BASF has disposed of an aggregate of 980,000 shares of Issuer Common Stock in transactions on the American Stock Exchange as follows: Date No. of Shares Sold Price Per Share ---- ------------------ --------------- 9/16/99 20,000 $16.8125 9/20/99 20,000 $16.500 9/21/99 65,000 $16.6556 9/22/99 75,000 $16,8208 9/24/99 60,000 $16.5075 9/27/99 40,000 $16.6250 10/4/99 69,200 $16.5758 10/6/99 70,000 $16.2589 10/8/99 91,000 $16.5700 Page 4 of 6 Date No. of Shares Sold Price Per Share ---- ------------------ --------------- 10/12/99 59,600 $16.2638 10/13/99 100,000 $16.5134 10/18/99 50,000 $15.5000 10/19/99 165,000 $16.3641 10/20/99 50,000 $16.6250 10/28/99 45,200 $17.5151 (d) Not applicable. (e) On October 28, 1999, BASF ceased to be the beneficial owner of more than five percent of Issuer Common Stock. Page 5 of 6 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct. October 28,1999 BASFIN CORPORATION By: /s/ Mark A. Kerschner ------------------------------- Name: Mark A. Kerschner Title: Treasurer SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct. October 28,1999 BASF AKTIENGESELLSCHAFT By: /s/ Klaus Boehm ------------------------------- Name: Klaus Boehm Title: Senior Vice President, Finance By: /s/ Joerg Buchmueller ------------------------------- Name: Joerg Buchmueller Title: Director, Legal Page 6 of 6 -----END PRIVACY-ENHANCED MESSAGE-----