GIANT FOOD INC
SC 14D1/A, 1998-06-10
GROCERY STORES
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 AMENDMENT NO. 3
                                       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. 374478105
- ---------------------------------

- -------- -----------------------------------------------------------------------
 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. 3 amends and  supplements  Item 3 of 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 3. PAST CONTACTS, TRANSACTIONS OR NEGOTIATIONS WITH THE SUBJECT COMPANY.

          Item 11 of the Offer to Purchase is hereby  amended by  inserting  the
following  sentence  at  the  end  of  the  paragraph  entitled  "Conditions  to
Obligations" under the subheading "Stock Purchase Agreement":

          "Where  the  "sole   judgment  of  the  Purchaser"  is  referenced  in
          subsection (iv) of this paragraph,  the Purchaser  intends to exercise
          such judgment reasonably."

          Item 11 of the Offer to Purchase is hereby  amended by  inserting  the
following  sentence  at  the  end  of  the  paragraph  entitled  "Conditions  to
Obligations" under the subheading "Sainsbury Agreement":

          "Where  the  "sole   judgment  of  the  Purchaser"  is  referenced  in
          subsection (iv) of this paragraph,  the Purchaser  intends to exercise
          such judgment reasonably.'

ITEM 5. PURPOSE OF THE TENDER OFFER AND PLANS OR PROPOSALS OF THE BIDDER.

          The  information  set  forth  in  Sections  2 and 14 of the  Offer  to
Purchase,  as  amended  as set  forth  in this  Item 5 to  Amendment  No.  3, is
incorporated by reference.

          Item 2 of the Offer to  Purchase  is hereby  amended by  amending  and
restating the second to last sentence of the first paragraph to read as follows:

          "Notwithstanding  the fact that the  Purchaser  reserves  the right to
          assert the  non-occurrence  of a  condition  set forth in Section  14,
          following  acceptance  for  payment of Shares but prior to payment for
          Shares,  in order to delay payment or cancel its obligation to pay for
          properly   tendered  Shares,   the  Purchaser   understands  that  all
          conditions  to the Offer,  other than receipt of necessary  regulatory
          approvals, must be satisfied or waived prior to the Expiration Date."

          Item 14 of the Offer to Purchase is hereby  amended by  inserting  the
following sentence at the end of subsection (a):

          "Where the "sole  judgment of the  Purchaser"  is  referenced  in this
          subsection  (a),  the  Purchaser  intends to  exercise  such  judgment
          reasonably."

ITEM 7. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
        THE SUBJECT COMPANY'S SECURITIES.

          The  information  set forth in Section 8 of the Offer to Purchase,  as
amended, is incorporated herein by reference.

SIGNATURE PAGE.

          The signature  page is hereby amended to delete the reference to "Each
Reporting Person" and to insert in lieu thereof "The Reporting Person."



<PAGE>


                                    SIGNATURE

          The Reporting Person  certifies that, after reasonable  inquiry and to
the  best of its  knowledge  and  belief,  the  information  set  forth  in this
statement is true, complete and correct.


Dated:  June 10, 1998              KONINKLIJKE AHOLD N.V.


                                   By:  /s/ PAUL P.J. BUTZELAAR
                                        ------------------------
                                        Name:  Paul P.J. Butzelaar
                                        Title: Senior Vice President
                                               and General Counsel




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