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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 14D-9
(AMENDMENT NO. 2)
SOLICITATION/RECOMMENDATION STATEMENT PURSUANT TO SECTION 14(D)(4)
OF THE SECURITIES EXCHANGE ACT OF 1934
NALCO CHEMICAL COMPANY
(Name of Subject Company)
NALCO CHEMICAL CORPORATION
(Name of Person(s) Filing Statement)
COMMON STOCK, PAR VALUE $0.1875 PER SHARE
AND
SERIES B ESOP CONVERTIBLE PREFERRED STOCK,
PAR VALUE $1.00 PER SHARE
(Title of Classes of Securities)
COMMON STOCK - 629853102
SERIES B ESOP CONVERTIBLE PREFERRED STOCK - NONE
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William E. Parry
Vice President and General Counsel
Nalco Chemical Company
One Nalco Center, Naperville, Illinois 60563-1198
(630) 305-2837
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications
On Behalf of the Person(s) Filing Statement)
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WITH A COPY TO:
David W. Heleniak, Esq.
Shearman & Sterling
599 Lexington Avenue
New York, New York 10022
(212) 848-4000
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2
Nalco Chemical Company, a Delaware corporation (the "Company"), hereby
amends and supplements its Solicitation/Recommendation Statement on Schedule
14D-9 filed with the Securities and Exchange Commission on July 1, 1999 with
respect to the offer by H2O Acquisition Co., a Delaware corporation
("Purchaser") and an indirect, wholly owned subsidiary of Suez Lyonnaise des
Eaux, a societe anonyme organized and existing under the laws of the Republic of
France ("Parent"), to purchase all the issued and outstanding shares of (i)
common stock, par value $0.1875 per share, including the associated preferred
stock purchase rights, of the Company (the "Common Stock") for $53.00 per share
of Common Stock, and (ii) Series B ESOP Convertible Preferred Stock, par value
$1.00 per share, of the Company (the "ESOP Preferred Stock"), for $1,060.00, per
share of ESOP Preferred Stock, in each case, 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 July 1, 1999 (the "Offer to Purchase") and the related
Letter of Transmittal (which together constitute the "Offer").
ITEM 8. ADDITIONAL INFORMATION TO BE FURNISHED
Item 8 is hereby amended and supplemented as follows:
The Offer expired as scheduled at 12:00 midnight, New York City time,
on Monday, November 8, 1999. Based on a preliminary count provided by First
Chicago Trust Company of New York, the depositary for the Offer, 66,195,851.711
shares of the Common Stock (including 907,700 shares tendered pursuant to
notices of guaranteed delivery) and 346,606.379 shares of the ESOP Preferred
Stock were tendered which represent approximately 97.1% of the outstanding share
capital of the Company on a fully diluted basis. On Tuesday, November 9, 1999,
effective as of 12:01 a.m., all Shares validly tendered and not withdrawn prior
to the expiration of the Offer were accepted for payment.
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3
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
accurate.
NALCO CHEMICAL COMPANY
By: /s/ Suzzanne J. Gioimo
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Name: Suzzanne J. Gioimo
Title: Corporate Secretary
Date: November 9, 1999.
