UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________________
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 7)*
United Resources Inc.
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(Name of issuer)
Common Stock, no par value
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(Title of class of securities)
0009131901
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(CUSIP Number)
Joseph V. Boyle
Lyonnaise American Holding, Inc.
2000 First State Boulevard
Wilmington, Delaware 19804-0508
with a copy to:
Piper & Marbury L.L.P.
1251 Avenue of the Americas
Attention: Garry P. McCormack, Esq.
New York, New York 10020-1104
212-835-6210
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(Name, address and telephone number of person authorized
to receive notices and communications)
August 18, 1999
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(Date of event which requires filing of this statement)
If the 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 statement because of
Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box |_|.
Note: Schedules filed in paper format shall include a signed
original and five copies of the Schedule, including all exhibits.
See Rule 13d-7(b) 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 (the "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 1 of 7
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CUSIP No. 0009131901 13D
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lyonnaise American Holding, Inc.
IRS Identification No. 36-3140269
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
SC; OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
NUMBER OF 11,687,024.22
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SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 11,687,024.22
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WITH 10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,687,024.22
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.1%
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14 TYPE OF REPORTING PERSON
HC; CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 7
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CUSIP No. 0009131901 13D
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Suez Lyonnaise des Eaux
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
SC; OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
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7 SOLE VOTING POWER
NUMBER OF 11,687,024.22
--------------------------------------------------------------
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SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
--------------------------------------------------------------
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 11,687,024.22
--------------------------------------------------------------
--------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,687,024.22
- ---------------------------------------------------------------------------
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
- ---------------------------------------------------------------------------
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.1%
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- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC; CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 7
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This Amendment No. 7, dated August 18, 1999, amends and
supplements the Schedule 3D (the "Schedule 13D") filed with the
Securities and Exchange Commission on November 30, 1990, as amended and
supplemented by Amendments No. 1, 2, 3, 4, 5 and 6 by Lyonnaise
American Holding, Inc., a Delaware corporation ("LAH") and Suez
Lyonnaise des Eaux (formerly Lyonnaise des Eaux), a French societe
anonyme ("Lyonnaise"), and is filed to reflect information required by
Rule 13d-2 under the Securities Exchange Act of 1934, as amended, with
respect to the common stock, no par value (the "Common Stock"), of
United Water Resources Inc., a New Jersey corporation (the "Issuer").
Unless otherwise defined herein, all capitalized terms used herein have
the meanings ascribed to them in the Schedule 13D.
The following amendment to Item 4 of the Schedule 13D is hereby
made:
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 of the Schedule 13D is hereby amended and supplemented by
adding the following:
LAH and Lyonnaise acquired the shares of Common Stock for
investment purposes, although LAH and Lyonnaise analyze and review
their strategic alternatives with respect to their investment in, and
contractual and other relationships with, the Issuer on an ongoing
basis.
In their press release of August 18, 1999, LAH and Lyonnaise
announced that they are engaged in discussions concerning a possible
strategic transaction with the Issuer. Such discussions may lead to a
transaction in which LAH and Lyonnaise, alone or through an entity in
which they have an interest, may acquire additional securities of the
Issuer or propose an extraordinary corporate transaction, such as a
merger, recapitalization or reorganization of the Issuer. No assurance
can be given that any such transaction will materialize.
Any such decision regarding an increase of LAH's and Lyonnaise's
interest in the Issuer will depend upon the outcome of the strategic
discussions with the Issuer, general market and economic conditions
affecting the Issuer, and other relevant factors. LAH and Lyonnaise
reserve the right to change their plans and intentions as they deem
appropriate and may in the future develop a plan or intention which
relates to or would result in a transaction described in subparagraphs
(a) through (j) of Item 4 of Schedule 13D.
The following amendment to Item 7 of the Schedule 13D is hereby
made:
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Item 7 is amended and restated to read in its entirety as
follows:
A. Joint Filing Agreement (previously filed as Exhibit A to
Amendment No. 3 to the Schedule 13D dated May 10, 1996)
Page 4 of 7
<PAGE>
B. Governance Agreement (previously filed as Exhibit E to
Amendment No. 1 to the Schedule 13D dated September 15, 1993)
C. Reporting Person press release, dated August 18, 1999.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, the undersigned certify that the information set forth in this
statement is true, complete and correct.
Dated: August 18, 1999
LYONNAISE AMERICAN HOLDING, INC.
By: /s/ Joseph V. Boyle
Name:Joseph V. Boyle
Title: Vice President - Finance
SUEZ LYONNAISE DES EAUX
By: /s/ Jean Michel Brault
Name:Jean Michel Brault
Title: Vice President
Page 5 of 7
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EXHIBIT C
Media Inquiries: Denis Boulet
Tel: +33 1 40 06 6530
Analysts' Inquiries: Isabelle Jouet-Pastre
Tel: +33 1 40 06 66 37
Web site: www.suez-lyonnaise-eaux.fr or
www.suez-lyonnaise-eaux.com
Investor Relations: Betsy Brod
Media: Brian Maddox
Morgen-Walke Associates, Inc.
212/850-5600
Ticker: Bloomberg: LY FP
Reuters: LYOE.PA
Dow Jones: S.SLX
FOR IMMEDIATE RELEASE
SUEZ LYONNAISE DES EAUX CONFIRMS DISCUSSIONS WITH
UNITED WATER RESOURCES
PARIS, FRANCE - August 18, 1999 - Suez Lyonnaise Des Eaux today confirmed that
it is engaged in discussions with United Water Resources ("UWR") with a view
jointly to explore with UWR strategic alternatives regarding UWR, including a
possible increase of its investment in UWR or other action. There is no
assurance, however, that any such transaction, or any other transaction, will
occur. Earlier today New York time, UWR, a company 32% owned indirectly by Suez
Lyonnaise des Eaux, in response to market developments, announced that it is
engaged in bilateral discussions to explore strategic alternatives.
Suez Lyonnaise Des Eaux and its affilitates have a series of interlocking
agreeements with UWR and its affiliates, and Suez Lyonnaise Des Eaux management
confirmed that the United States remains strategically important to its core
water business.
-MORE-
Page 6 of 7
<PAGE>
SUEZ LYONNAISE DES EAUX CONFIRMS DISCUSSIONS
WITH UNITED WATER RESOURCES
With annual revenues of $32.5 billion, Suez Lyonnaise Des Eaux is a world leader
in private infrastructure services, with operations in more than 120 countries.
Suez Lyonnaise Des Eaux is a market leader in the water sector supplying
drinking water to 77 million people and providing wastewater services to 52
million people. Suez Lyonnaise Des Eaux's three international core business
sectors are : energy, water, and waste services.
This news release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements are
necessarily based on various assumptions and are subject to risks and
uncertainties that could cause actual events or results to differ materially
from those stated or implied by such forward-looking statements. The Company
does not have a policy of updating or revising forward-looking statements, and
thus it should not be assumed that silence by management of the Company over
time means that actual events or results are occurring as stated or implied by
such forward-looking statements.
Page 6 of 6
