UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
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)
March 2, 1998
-------------------------------------------------------
(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.)
NOTE: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom
copies are to be sent.
*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
NUMBER OF 0 shares of Crown Common Stock
SHARES 0 shares of Crown Preferred Stock
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 6,599,577 shares of Crown Common Stock
REPORTING 0 shares of Crown Preferred Stock
PERSON --------------------------------------------------------------
WITH 9. SOLE DISPOSITIVE POWER
0 shares of Crown Common Stock
0 shares of Crown Preferred Stock
--------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
6,599,577 shares of Crown Common Stock
0 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,599,577 shares of Crown Common Stock
0 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)
5.3% of Crown Common Stock
0% of Crown Preferred Stock
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO; HC
(Page 2 of 7)
<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
NUMBER OF 0 shares of Crown Common Stock
SHARES 0 shares of Crown Preferred Stock
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 6,599,577 shares of Crown Common Stock
REPORTING 0 shares of Crown Preferred Stock
PERSON --------------------------------------------------------------
WITH 9. SOLE DISPOSITIVE POWER
0 shares of Crown Common Stock
0 shares of Crown Preferred Stock
--------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
6,599,577 shares of Crown Common Stock
0 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,599,577 shares of Crown Common Stock
0 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)
5.3% of Crown Common Stock
0% of Crown Preferred Stock
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO; HC
(Page 3 of 7)
<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
NUMBER OF 0 shares of Crown Common Stock
SHARES 0 shares of Crown Preferred Stock
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 6,599,577 shares of Crown Common Stock
REPORTING 0 shares of Crown Preferred Stock
PERSON --------------------------------------------------------------
WITH 9. SOLE DISPOSITIVE POWER
0 shares of Crown Common Stock
0 shares of Crown Preferred Stock
--------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
6,599,577 shares of Crown Common Stock
0 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,599,577 shares of Crown Common Stock
0 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)
5.3% of Crown Common Stock
0% of Crown Preferred Stock
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO; HC
(Page 4 of 7)
<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
NUMBER OF 0 shares of Crown Common Stock
SHARES 0 shares of Crown Preferred Stock
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 6,599,577 shares of Crown Common Stock
REPORTING 0 shares of Crown Preferred Stock
PERSON --------------------------------------------------------------
WITH 9. SOLE DISPOSITIVE POWER
0 shares of Crown Common Stock
0 shares of Crown Preferred Stock
--------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
6,599,577 shares of Crown Common Stock
0 shares of Crown Preferred Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,599,577 shares of Crown Common Stock
0 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)
5.3% of Crown Common Stock
0% of Crown Preferred Stock
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO; HC
(Page 5 of 7)
<PAGE>
This Amendment No.5, dated March 2, 1998, amends the Schedule 13D, dated
February 15, 1996, as amended and supplemented by Amendments Nos. 1, 2, 3 and 4
thereto, dated September 26, 1996, October 24, 1996, October 30, 1996, and
February 5, 1998 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 sixth paragraph of Item 5:
On March 2, 1998, CGIP sold 4,093,826 shares of Crown Common Stock and
3,660,300 shares of Crown Preferred Stock pursuant to the Stock Purchase
Agreement more fully described in Item 6 below.
Following the sale, CGIP owns 6,599,577 shares of Crown Common Stock
(representing 5.31% of the Common Stock outstanding) and no shares of Crown
Preferred Stock.
(Page 6 of 7)
<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: March 2, 1998
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)
