SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
CROWN CORK & SEAL COMPANY, INC.
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $5.00 per share
4.5% Convertible Preferred Stock, par value $41.8875 per share
- -------------------------------------------------------------------------------
(Title of Class of Securities)
Common Stock: 228 255
4.5% Convertible Preferred Stock: 228 255 303
- -------------------------------------------------------------------------------
(CUSIP Number)
Michel Renault Copy to: Allan M. Chapin
General Counsel Sullivan & Cromwell
Compagnie Generale d'Industrie 125 Broad Street
et de Participations New York, N.Y. 10004
89 rue Taitbout (212) 558-4000
75009 Paris, France
(011) 331-4285-3000
- -------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
October 30, 1996
- -------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If a 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 [ ].
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on 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 ("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).
<PAGE>
- ---------------------------------------------
CUSIP NO. 228 255 (Crown Common Stock)
228 255 303 (Crown Preferred Stock)
- ---------------------------------------------
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Compagnie Generale d'Industrie et de Participations
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ X]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS Not applicable
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION France
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER 0 shares of Crown Common Stock
NUMBER OF 0 shares of Crown Preferred Stock
SHARES -------------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 14,028,528 shares of Crown Common Stock
OWNED BY 3,660,300 shares of Crown Preferred Stock
EACH -------------------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE 0 shares of Crown Common Stock
PERSON POWER 0 shares of Crown Preferred Stock
WITH -------------------------------------------------------------------
10. SHARED DISPOSITIVE 14,028,528 shares of Crown Common Stock
POWER 3,660,300 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 14,028,528 shares of Crown Common Stock
3,660,300 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.7% of Crown Common Stock
29.4% of Crown Preferred Stock
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON CO; HC
- --------------------------------------------------------------------------------
(Page 2 of 7 Pages)
<PAGE>
- ---------------------------------------------
CUSIP NO. 228 255 (Crown Common Stock)
228 255 303 (Crown Preferred Stock)
- ---------------------------------------------
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marine-Wendel
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ X]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS Not applicable
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION France
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER 0 shares of Crown Common Stock
NUMBER OF 0 shares of Crown Preferred Stock
SHARES -------------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 14,028,528 shares of Crown Common Stock
OWNED BY 3,660,300 shares of Crown Preferred Stock
EACH -------------------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE 0 shares of Crown Common Stock
PERSON POWER 0 shares of Crown Preferred Stock
WITH -------------------------------------------------------------------
10. SHARED DISPOSITIVE 14,028,528 shares of Crown Common Stock
POWER 3,660,300 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 14,028,528 shares of Crown Common Stock
3,660,300 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.7% of Crown Common Stock
29.4% of Crown Preferred Stock
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON CO; HC
- --------------------------------------------------------------------------------
(Page 3 of 7 Pages)
<PAGE>
- ---------------------------------------------
CUSIP NO. 228 255 (Crown Common Stock)
228 255 303 (Crown Preferred Stock)
- ---------------------------------------------
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wendel-Participations
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ X]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS Not applicable
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION France
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER 0 shares of Crown Common Stock
NUMBER OF 0 shares of Crown Preferred Stock
SHARES -------------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 14,028,528 shares of Crown Common Stock
OWNED BY 3,660,300 shares of Crown Preferred Stock
EACH -------------------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE 0 shares of Crown Common Stock
PERSON POWER 0 shares of Crown Preferred Stock
WITH -------------------------------------------------------------------
10. SHARED DISPOSITIVE 14,028,528 shares of Crown Common Stock
POWER 3,660,300 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 14,028,528 shares of Crown Common Stock
3,660,300 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.7% of Crown Common Stock
29.4% of Crown Preferred Stock
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON CO; HC
- --------------------------------------------------------------------------------
(Page 4 of 7 Pages)
<PAGE>
- ---------------------------------------------
CUSIP NO. 228 255 (Crown Common Stock)
228 255 303 (Crown Preferred Stock)
- ---------------------------------------------
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Societe de Gerance de Valeurs Mobilieres
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ X]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS Not applicable
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION France
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER 0 shares of Crown Common Stock
NUMBER OF 0 shares of Crown Preferred Stock
SHARES -------------------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 14,028,528 shares of Crown Common Stock
OWNED BY 3,660,300 shares of Crown Preferred Stock
EACH -------------------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE 0 shares of Crown Common Stock
PERSON POWER 0 shares of Crown Preferred Stock
WITH -------------------------------------------------------------------
10. SHARED DISPOSITIVE 14,028,528 shares of Crown Common Stock
POWER 3,660,300 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 14,028,528 shares of Crown Common Stock
3,660,300 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.7% of Crown Common Stock
29.4% of Crown Preferred Stock
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON CO; HC
- --------------------------------------------------------------------------------
(Page 5 of 7 Pages)
<PAGE>
This Amendment No. 3, dated October 30, 1996, amends the Schedule 13D,
dated February 15, 1996, as amended and supplemented by Amendment Nos. 1 and 2
thereto, dated September 26, 1996 and October 24, 1996, respectively
(collectively, the "Schedule 13D"), filed on behalf of Compagnie Generale
d'Industrie et de Participations ("CGIP"), Marine-Wendel ("Marine-Wendel"),
Wendel-Participations ("Wendel-Participations") and Societe de Gerance de
Valeurs Mobilieres ("SGVM") (collectively, the "Reporting Persons"), by adding
the following additional information:
Item 5. Interest in Securities of Issuer.
The following is hereby added after the second paragraph of Item 5:
On October 30, 1996, CGIP sold 8,630,572 shares of the Underwitten
Common Stock and 2,781,024 shares of the Underwritten Preferred Stock and
Sofiservice sold 2,006,928 shares of the Underwritten Common Stock and
668,976 shares of the Underwritten Preferred Stock, in each case pursuant
to the Underwriting Agreements more fully described in Item 4 above. The
closings for the sale of the Underwritten Shares took place in New York,
New York.
Following the offerings, CGIP owns 10,693,403 shares of Crown
Common Stock (representing 8.34% of the Common Stock outstanding) and
3,660,300 shares of Crown Preferred Stock (representing 29.44% of the
Preferred Stock outstanding). Based on Crown Common Shares of 128,245,064
and Crown Preferred Shares of 12,432,622 outstanding on October 23, 1996,
CGIP has 10.05% of the Total Voting Power of Crown, as such term is defined
in the Shareholders Agreement, following the offerings.
(Page 6 of 7 Pages)
<PAGE>
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.
Dated: October 31, 1996
Compagnie Generale
d'Industrie et de Participations
By: /s/ Ernest-Antoine Seilliere
Name: Ernest-Antoine SEILLIERE
Title: Chairman and CEO
Marine-Wendel
By: /s/ Ernest-Antoine Seilliere
Name: Ernest-Antoine SEILLIERE
Title: Chairman and CEO
Wendel-Participations
By: /s/ Louis-Amedee de Moustier
Name: Louis-Amedee de MOUSTIER
Title: Managing Director
Societe de Gerance
de Valeurs Mobilieres
By: /s/ Louis-Amedee de Moustier
Name: Louis-Amedee de MOUSTIER
Title: Chairman and CEO
(Page 7 of 7 Pages)
