Securities and Exchange Commission
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 16)
(Final)
Rexel, Inc.
(Name of Subject Company)
Francois Pinault
S.C.A. Financiere Pinault
International Technical Distributors, Inc.
Rexel S.A.
(Bidders)
Common Stock, Par Value $1.00 Per Share
(Title of Class of Securities)
969207109
(CUSIP Number of Class of Securities)
Pierre Chareyre, Rexel S.A., 25 rue de Clichy, 75009 Paris,
France
(Name, Address and Telephone Number of Persons Authorized to Receive Notices and
Communications on Behalf of Bidder)
With copies to:
Jean-Francois Carreras, Esq. Joel A. Adler, Esq.
Sokolow, Dunaud, Mercadier & Carreras McDermott, Will & Emery
55, avenue Kleber 50 Rockefeller Plaza
75116 Paris, France New York, New York 10020-1605
011-33-1-53-65-70-00 (212) 547-5400
David A. Katz, Esq.
Wachtell, Lipton, Rosen & Katz
51 W. 52nd Street
New York, New York 10019
(212) 403-1309
y * The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form which respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosure provided in a prior cover page. The information required
in the remainder of this cover page shall not be deemed to be "filed" for the
purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or
otherwise subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however, see the Notes).
________________________________________________________________________________
1) Name of Reporting Person S.S. or I.R.S. Identification No. Of Person
Rexel S.A. (foreign entity - no number available)
________________________________________________________________________________
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
________________________________________________________________________________
3) SEC Use Only
________________________________________________________________________________
4) Source of Funds (See Instructions)
WC, AF, BK
________________________________________________________________________________
5) Check Box If Disclosure of Legal Proceedings is Required Pursuant to Items
2(e) or 2(f)
[_]
________________________________________________________________________________
6) Citizenship or Place of Organization
France
________________________________________________________________________________
7) Aggregate Amount Beneficially Owned by Each Reporting Person
13,161,481 shares of common stock
________________________________________________________________________________
8) Check If the Aggregate Amount in Row (7) Excludes Certain Shares (See
Instructions)
[_]
________________________________________________________________________________
9) Percent of Class Represented by Amount in Row (7)
100%, according to the Company's records as of December 30, 1997.
________________________________________________________________________________
10) Type of Reporting Person (See Instructions)
CO
________________________________________________________________________________
________________________________________________________________________________
1) Name of Reporting Person S.S. or I.R.S. Identification No. Of Person
S.C.A. Financiere Pinault (foreign entity - no number available)
________________________________________________________________________________
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
________________________________________________________________________________
3) SEC Use Only
________________________________________________________________________________
4) Source of Funds (See Instructions)
NA
________________________________________________________________________________
5) Check Box If Disclosure of Legal Proceedings is Required Pursuant to Items
2(e) or 2(f)
[_]
________________________________________________________________________________
6) Citizenship or Place of Organization
France
________________________________________________________________________________
7) Aggregate Amount Beneficially Owned by Each Reporting Person
13,161,481 shares of common stock
________________________________________________________________________________
8) Check If the Aggregate Amount in Row (7) Excludes Certain Shares (See
Instructions)
[_]
________________________________________________________________________________
9) Percent of Class Represented by Amount in Row (7)
100%, according to the Company's records as of December 30, 1997.
________________________________________________________________________________
10) Type of Reporting Person (See Instructions)
CO
________________________________________________________________________________
________________________________________________________________________________
1) Name of Reporting Person S.S. or I.R.S. Identification No. Of Person
Francois Pinault (foreign individual - no number available)
________________________________________________________________________________
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [_]
________________________________________________________________________________
3) SEC Use Only
________________________________________________________________________________
4) Source of Funds (See Instructions)
NA
________________________________________________________________________________
5) Check Box If Disclosure of Legal Proceedings is Required Pursuant to Items
2(e) or 2(f)
[_]
________________________________________________________________________________
6) Citizenship or Place of Organization
France
________________________________________________________________________________
7) Aggregate Amount Beneficially Owned by Each Reporting Person
13,161,481 shares of common stock
________________________________________________________________________________
8) Check If the Aggregate Amount in Row (7) Excludes Certain Shares (See
Instructions)
[_]
________________________________________________________________________________
9) Percent of Class Represented by Amount in Row (7)
100%, according to the Company's records as of December 30, 1997.
________________________________________________________________________________
10) Type of Reporting Person (See Instructions)
IN
________________________________________________________________________________
This filing constitutes Amendment No.16 to the Statement on Schedule 13D
(this "Statement") filed by Rexel S.A., a societe anonyme organized under the
laws of the Republic of France ("Parent"), International Technical Distributors,
Inc., a New York corporation and a wholly owned subsidiary of Parent
("Purchaser"), S.C.A. Financiere Pinault, the ultimate corporate parent of
Parent ("SFP"), and Francois Pinault, the Managing General Partner of SFP
("Pinault"). This Statement is being filed in connection with the completion of
the merger of Purchaser with and into the Company.
Item 4. Purpose of Transaction
The foregoing item is supplemented as follows:
The merger of Purchaser with and into the Company became effective on
December 30, 1997.
Item 7. Material to Be Filed as Exhibits
(c)(14) Press release issued in New York by Rexel S.A. on December 22,
1997 (incorporated by reference to Exhibit (d)(20) of Amendment No. 3 to
Schedule 13E-3 of the Company et al dated December 30, 1997 ("Amendment No. 3").
(c)(15) Certificate of Merger dated December 23, 1997 (incorporated by
reference to Exhibit (d)(19) of Amendment No. 3).
REXEL S.A. January 5, 1998
By: /s/ Alain Redheuil
_______________________________
Name: Alain Redheuil
Title: Chairman & CEO
S.C.A. Financiere Pinault
By: /s/ Francois Pinault*
_________________________________ /s/ Francois Pinault*
Name: Francois Pinault
Title: Managing General Partner
*By: Emmanuel Cueff, Attorney-in-Fact
