GIANT FOOD INC
SC 14D1/A, 1998-08-14
GROCERY STORES
Previous: GI JOES INC, S-1, 1998-08-14
Next: ROYAL OAK MINES INC, 10-Q, 1998-08-14




================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   __________

                                 AMENDMENT NO. 9
                                       TO
                                 SCHEDULE 14D-1
                             TENDER OFFER STATEMENT
       PURSUANT TO SECTION 14(d)(1) OF THE SECURITIES EXCHANGE ACT OF 1934
                                   __________

                                 GIANT FOOD INC.
                            (Name of Subject Company)
                                   __________

                             KONINKLIJKE AHOLD N.V.
                                  (ROYAL AHOLD)
                                    (Bidder)
                                   __________

                 Class A Common Stock, par value $1.00 per share
                         (Title of Class of Securities)
                                   __________
                                   374478105
                      (CUSIP Number of Class of Securities)
                                   __________


                            PAUL P.J. BUTZELAAR, ESQ.
                             KONINKLIJKE AHOLD N.V.
                                ALBERT HEIJNWEG 1
                        1507 EH ZAANDAM, THE NETHERLANDS
                                011-31-75-6598111

            (Name, Address and Telephone Number of Person Authorized
           to Receive Notices and Communications on Behalf of Bidder)
                                   __________
                                    Copy to:



                            MAUREEN S. BRUNDAGE, ESQ.
                                WHITE & CASE LLP
                           1155 AVENUE OF THE AMERICAS
                            NEW YORK, NEW YORK 10036
                                (212) 819-8200



<PAGE>



SCHEDULE 14D-1
- ---------------------------------
 CUSIP No. 37447810235
- ---------------------------------

- -------- -----------------------------------------------------------------------
 1       NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         Koninklijke Ahold N.V.
- -------- -----------------------------------------------------------------------
 2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                  [  ]    (a)
                                                                  [  ]    (b)

- -------- -----------------------------------------------------------------------
 3       SEC USE ONLY


- -------- -----------------------------------------------------------------------
 4       SOURCE OF FUNDS

         BK
- -------- -----------------------------------------------------------------------
 5       CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
         PURSUANT TO ITEMS 2(e) or 2(f)
         [  ]
- -------- -----------------------------------------------------------------------
 6       CITIZENSHIP OR PLACE OF ORGANIZATION

         The Netherlands
- -------- -----------------------------------------------------------------------
 7       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         0
- -------- -----------------------------------------------------------------------
 8       CHECK BOX  IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES
         CERTAIN SHARES
         [  ]
- -------- -----------------------------------------------------------------------
 9       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)


         0.0%
- -------- -----------------------------------------------------------------------
10       TYPE OF REPORTING PERSON

         CO
- -------- -----------------------------------------------------------------------




<PAGE>


         This Amendment No. 9 amends and supplements the Schedule 14D-1 filed on
May 19, 1998 relating to the offer by  Koninklijke  Ahold N.V., a public company
with limited liability  incorporated  under the laws of The Netherlands with its
corporate seat in Zaandam (Municipality Zaanstad) (the "Purchaser"), to purchase
for cash all of the outstanding  shares of Class A Common Stock, par value $1.00
per share  (the  "Shares"),  of Giant Food Inc.,  a  Delaware  corporation  (the
"Company"),  at a price of $43.50  per share  (the  "Offer  Price"),  net to the
seller in cash,  without  interest  thereon,  upon the terms and  subject to the
conditions set forth in the Offer to Purchase, dated May 19, 1998 (the "Offer to
Purchase"),  and in the related Letter of  Transmittal  and Notice of Guaranteed
Delivery.

ITEM 10. ADDITIONAL INFORMATION.

         Paragraph  (f) of Item 10 is amended by adding at the end  thereof  the
following:

         On August 14, 1998, the Purchaser issued a press release announcing the
extension  of the  Expiration  Date of the Offer until 5:00 p.m.,  New York City
time, on Friday,  September 11, 1998,  unless  further  extended.  A copy of the
press release is attached hereto as Exhibit  (a)(13) and is incorporated  herein
by reference.

ITEM 11. MATERIALS TO BE FILED AS EXHIBITS.

         The following is hereby added as an exhibit:

         Exhibit (a) (13) Press  Release  dated  August 14, 1998  extending  the
                          Expiration Date of the Offer to Purchase.



<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:  August 14, 1998                     KONINKLIJKE AHOLD N.V.


                                            By: /s/ A. MICHIEL MEURS
                                                ----------------------
                                                Name:   A. Michiel Meurs
                                                Title:  Executive Vice President





                                                                 Exhibit (a)(13)


AHOLD EXTENDS TENDER OFFER FOR GIANT FOOD INC.

PROGRESS IN DISCUSSIONS WITH U.S. REGULATORS

Zaandam, The Netherlands,  August 14, 1998 - Royal Ahold, the international food
retailer,  announced  today  that  it has  extended  its  tender  offer  for all
outstanding  Class A Non-Voting  Stock  (approximately  59.9 million  shares) of
Giant Food Inc.  at a price of USD 43.50 per share  until 5 p.m.,  New York City
time, on September 11, 1998.

The offer,  launched on May 19,  1998,  was due to expire on August 14, 1998 but
now has been extended to await approval of the  acquisition  by U.S.  regulatory
authorities.  Based  upon  information  provided  by The  Bank  of New  York  as
depositary  for the  offer,  as of the close of  business  on August  13,  1998,
approximately  49.1 million shares (82%) of the  outstanding  Class A Non-Voting
Stock of Giant Food Inc. have now been tendered and not withdrawn.

PROGRESS IN ACQUISITION REVIEW
Ahold is currently  in active  discussions  with the staff of the Federal  Trade
Commission  ("FTC") and other  regulatory  authorities  regarding  the terms and
conditions  for the required  antitrust  approvals for the  acquisition of Giant
Food Inc.

While the  number of stores  required  to be  divested  and the  conditions  for
divestiture  have not been agreed with the staff of the FTC,  Ahold  expects the
number of stores required to be divested to be approximately ten. The conditions
for FTC staff  approval  include the  acceptance of the buyers of such stores by
the FTC. The impact of any such  divestiture  is not expected to have a material
adverse  effect on Ahold.  Ahold is  currently  in the  process  of  identifying
potential buyers.

Although  no  definitive  agreements  have been  reached  with  buyers,  and any
agreement  is subject to approval by the FTC,  Ahold  expects  that it will have
agreement with the staff of the FTC within the coming weeks.

Ahold is optimistic  that after  agreement with the staff of the FTC is reached,
approval by the full Commission would be forthcoming.

Ahold Public Relations, tel:  075-659.57.20
Ahold Investor Relations, tel:  075-659.56.48




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission