<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act
of 1934
(Amendment No. 16)
PHILADELPHIA SUBURBAN CORPORATION
---------------------------------
(Name of issuer)
Common Stock, Par Value $.50 Per Share
--------------------------------------
(Title of class of securities)
718009 6 08
----------------------
(CUSIP Number)
Alain Brunais
Compagnie Generale des Eaux
52 Rue d'Anjou
75384 Paris, France
3314-924-4924
----------------------------------
(Name, address, and telephone number of person
authorized to receive notices and communications)
Copies of all notices should be sent to:
Rohan S. Weerasinghe, Esq.
Shearman & Sterling
599 Lexington Avenue
New York, New York 10022
(212) 848-7088
May 13, 1993
---------------------------
(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 statement,
and is filing this statement 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: / /
Page 1 of 16
<PAGE> 2
CUSIP No. 718009 6 08
<TABLE>
<S> <C>
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Compagnie Generale des Eaux
---------------------------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See
Instructions)
/x/ (a)
------------------------------------------------------------------------------------------------
/ / (b)
------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(3) SEC Use Only
----------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(4) Source of Funds (See Instructions)
-----------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e).
/ /
---------------------------------------------------------------------------------------------------
(6) Citizenship or Place of Organization France
--------------------------------------------------------------
---------------------------------------------------------------------------------------------------
- --------------------------------
Number of (7) Sole Voting Power 1,493,600
--------------------------------------------------------
Shares
--------------------------------------------------------------------------
Beneficially (8) Shared Voting Power 120,000
------------------------------------------------------
Owned by
--------------------------------------------------------------------------
Each (9) Sole Dispositive Power 1,493,600
---------------------------------------------------
Reporting
--------------------------------------------------------------------------
Person (10) Shared Dispositive Power 120,000
-------------------------------------------------
With
- -------------------------------- --------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,613,600
---------------------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions)
/ /
--------------------------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
Approximately 14.1% (based upon 11,404,928 shares outstanding as of March 1,
----------------------------------------------------------------------------------------------------
1994 according to Philadelphia Suburban Corporation's Report on Form 10-K for
----------------------------------------------------------------------------------------------------
the Year ended December 31, 1993).
----------------------------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------
</TABLE>
Page 2 of 16
<PAGE> 3
CUSIP No. 718009 6 08
<TABLE>
<S> <C>
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Anjou International Company
---------------------------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See
Instructions)
/x/ (a)
------------------------------------------------------------------------------------------------
/ / (b)
------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(3) SEC Use Only
----------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(4) Source of Funds (See Instructions) WC
-----------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e).
/ /
----------------------------------------------------------------------------------------------------
(6) Citizenship or Place of Organization Delaware
---------------------------------------------------------------
----------------------------------------------------------------------------------------------------
- --------------------------------
Number of (7) Sole Voting Power 0
--------------------------------------------------------
Shares
--------------------------------------------------------------------------
Beneficially (8) Shared Voting Power 120,000
------------------------------------------------------
Owned by
--------------------------------------------------------------------------
Each (9) Sole Dispositive Power 0
---------------------------------------------------
Reporting
--------------------------------------------------------------------------
Person (10) Shared Dispositive Power 120,000
-------------------------------------------------
With
- -------------------------------- --------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 120,000
---------------------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions)
/ /
--------------------------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
Approximately 14.1% (based upon 11,404,928 shares outstanding as of March 1,
----------------------------------------------------------------------------------------------------
1994 according to Philadelphia Suburban Corporation's Report on Form 10-K for
----------------------------------------------------------------------------------------------------
the Year ended December 31, 1993).
----------------------------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------
</TABLE>
Page 3 of 16
<PAGE> 4
This Amendment No. 16, which amends and restates in its entirety
the Statement on Schedule 13D, dated September 7, 1983, as amended, of
Compagnie Generale des Eaux ("CGE"), is filed to reflect information required
pursuant to Rule 13d-2 of the General Rules and Regulations under the
Securities Exchange Act of 1934, as amended, relating to the shares of Common
Stock, par value $.50 per share, of Philadelphia Suburban Corporation, a
Pennsylvania corporation (the "Issuer").
Item 1. Security and Issuer.
The Issuer's principal executive offices are located at 762
Lancaster Drive, Bryn Mawr, Pennsylvania 19010. This statement relates to the
shares of common stock, par value $.50 per share, of the Issuer (the "Shares").
Item 2. Identity and Background.
(a) This statement is filed by CGE, a French corporation, and
Anjou International Company ("Anjou"), a wholly owned subsidiary of CGE.
(b) The business address of CGE is 52 Rue d'Anjou, 75384
Paris, France. The business address of Anjou is 1105 North Market Street,
Suite 1300, P.O. Box 8985, Wilmington, Delaware 19899.
(c) CGE and its subsidiaries are a diversified group of local
service companies primarily engaged in providing a comprehensive range of
public, institutional and industrial service needs for water, power, heating
and urban maintenance. In France, CGE, together with its subsidiaries, is one
of the nation's largest cable broadcasters and cellular telephone network
operators and one of the leading managers of private health clinics and parking
lots.
Anjou is a holding company for certain of CGE's interests in the
United States.
The names, residence or business addresses and present principal
occupation or employment and the name, principal business and address of any
corporation or other organization in which such employment is conducted, of the
executive officers and directors of CGE and of Anjou are set forth in Exhibit A
hereto and incorporated herein by reference.
(d) During the last five years, neither CGE nor, to the best
of CGE's knowledge, any of the directors or executive officers of CGE have been
convicted in criminal proceedings (excluding traffic violations or similar
misdemeanors).
During the last five years, neither Anjou nor, to the best of
Anjou's knowledge, any of the directors or executive officers of Anjou have
been convicted in criminal proceedings (excluding traffic violations or similar
misdemeanors).
(e) During the last five years, neither CGE nor, to the best
of CGE's knowledge, any of the directors or executive officers of CGE was a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.
During the last five years, neither Anjou nor, to the best of
Anjou's knowledge, any of the directors or executive officers of Anjou was a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order
Page 4 of 16
<PAGE> 5
enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation with respect to
such laws.
(f) The citizenship of the executive officers and the
directors of CGE and Anjou is set forth in Exhibit A hereto and incorporated
herein by reference.
Item 3. Source and Amount of Funds or Other Consideration.
The source of the funds used to finance the acquisitions reported
by this Amendment No. 16 was working capital. The total amount of such funds
was $2,196,250.00, exclusive of brokerage commissions.
Item 4. Purpose of Transaction.
The Shares purchased by CGE and Anjou to the date hereof were
acquired, and are being held, as an investment. Neither CGE nor Anjou has any
present plans or proposals which may relate to or would result in:
(a) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its subsidiaries;
(b) A sale or transfer of a material amount of assets of the
Issuer or any of its subsidiaries;
(c) Any change in the present board of directors or
management of the Issuer, including any plans or proposals to change the number
or term of directors or to fill any existing vacancies on the board;
(d) Any material change in the present capitalization or
dividend policy of the Issuer;
(e) Any other material change in the Issuer's business or
corporate structure;
(f) Changes in the Issuer's charter, bylaws or instruments
corresponding thereto or other actions which may impede the acquisition of
control of the Issuer by any person;
(g) A class of securities of the Issuer being delisted from a
national securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities association;
(h) A class of equity securities of the Issuer becoming
eligible for termination of registration pursuant to Section 12(g)(4) of the
Act; or
(i) Any action similar to any of those enumerated above.
As a result of the sale by the Issuer of 1,100,000 newly issued
Shares on April 21, 1993, CGE's ownership percentage of the outstanding Shares
was reduced from approximately 15.1% to approximately 13.3%. CGE presently
intends, depending upon market conditions and share prices, to acquire (either
directly or through a subsidiary, including Anjou) additional Shares from time
to time in the open market or in negotiated transactions or both to increase
its ownership percentage of the outstanding Shares. CGE has advised the Issuer
that such purchases of Shares will be solely for investment purposes. CGE
filed a Premerger Notification and Report Form with the Federal Trade
Commission and the Department of Justice under the Hart-Scott-Rodino Antitrust
Improvements Act of 1976 stating its intention to purchase additional Shares,
which purchases will result in CGE holding at least 15% of the outstanding
Shares. CGE intends to review its
Page 5 of 16
<PAGE> 6
investment position in the Issuer periodically and, depending on such review
and the Issuer's business, prospects and future developments, CGE may seek to
acquire further Shares or may sell its Shares.
Item 5. Interest in Securities of the Issuer.
(a) As of May 26, 1994, CGE was the owner of 1,493,600 Shares
constituting approximately 13.1% of the outstanding Shares (based upon
11,404,928 Shares outstanding as calculated above). To the best knowledge of
CGE, no director or executive officer owns or has any right to acquire,
directly or indirectly, any Shares.
As of May 26, 1994, Anjou was the owner of 120,000 Shares
constituting approximately 1.0% of the outstanding Shares (based upon
11,404,928 Shares outstanding as calculated above). To the best knowledge of
Anjou, no director or executive officer of Anjou International Company owns or
has any right to acquire, directly or indirectly, any Shares.
As of May 26, 1994, CGE and Anjou were the beneficial owners of
1,613,600 Shares constituting approximately 14.1% of the outstanding Shares
(based upon 11,404,928 Shares outstanding as calculated above).
(b) CGE has the sole power to vote or direct the disposition of
1,493,600 Shares. CGE has the shared power to vote or direct the disposition
of 120,000 Shares. Anjou has the shared power to vote or direct the
disposition of 120,000 Shares.
(c) In the past sixty days, Anjou has made the following
purchases of Shares, all of which were open market transactions on the New York
Stock Exchange.
<TABLE>
<CAPTION>
Price Per Share (excluding
Date of Purchase Number of Shares Purchased commissions)
---------------- -------------------------- -------------------------------
<S> <C> <C>
04/11/94 1,100 17 5/8
04/12/94 100 17 5/8
04/13/94 800 17 7/8
500 17 5/8
04/18/94 1,000 17 3/4
04/19/94 500 18
1,000 17 7/8
04/20/94 500 18 1/8
1,000 18
04/21/94 500 18 1/4
1,000 18
04/22/94 500 18
1,000 17 7/8
04/26/94 500 18 1/4
400 18
100 17 7/8
04/28/94 500 18
900 17 7/8
04/29/94 800 17 7/8
</TABLE>
Page 6 of 16
<PAGE> 7
<TABLE>
<CAPTION>
Price Per Share (excluding
Date of Purchase Number of Shares Purchased commissions)
---------------- -------------------------- -------------------------------
<S> <C> <C>
05/03/94 1,200 18
05/04/94 500 18
500 17 7/8
05/05/94 500 18 1/8
500 18
05/06/94 500 18
05/09/94 1,000 18
05/10/94 1,000 17 3/4
05/11/94 1,000 17 3/4
05/12/94 1,000 17 1/2
05/13/94 300 17 5/8
700 17 7/8
05/16/94 800 17 7/8
05/17/94 1,000 18
05/18/94 1,200 18
05/19/94 1,000 18
</TABLE>
Except as set forth above, neither CGE nor (to the best
of CGE's knowledge) any executive officer or director of CGE (a) owns, or has
any right to acquire, directly or indirectly, any Shares or (b) has, in the
past 60 days, effected any transactions in the Shares.
Except as set forth above, neither Anjou nor (to the best
of Anjou's knowledge) any executive officer or director of Anjou (a) owns, or
has any right to acquire, directly or indirectly, any Shares or (b) has, in the
past 60 days, effected any transactions in the Shares.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings, or
Relationships with Respect to Securities of the Issuer.
Anjou is a wholly owned subsidiary of CGE. Neither CGE nor Anjou
has, and (to the best of CGE's and Anjou's knowledge) no person named in Item
2 hereof has, any contract, arrangement, understanding, or relationship (legal
or otherwise) with any person with respect to any securities of the Issuer, but
not limited to any contract, arrangement, understanding, or relationship
concerning the transfer or the voting of any such securities, finder's fees,
joint ventures, loan or option arrangements, puts or calls, guaranties of
profits, division of profits or loss, or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits.
(A) List of Directors and Officers of CGE and Anjou.
Page 7 of 16
<PAGE> 8
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.
COMPAGNIE GENERALE DES EAUX
By /s/ Claudio Elia
------------------------------------------------
Name: Claudio Elia
Title: President and CEO
Anjou International Company, pursuant to a
power of attorney contained in the Statement
on Schedule 13D, as amended
Dated: June 1, 1994
Page 8 of 16
<PAGE> 9
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.
ANJOU INTERNATIONAL COMPANY
By /s/ Claudio Elia
-------------------------------------
Name: Claudio Elia
Title: President and CEO
Anjou International Company
Dated: June 1, 1994
Page 9 of 16
<PAGE> 10
EXHIBIT A
Directors and Executive Officers of
Compagnie Generale des Eaux
<TABLE>
<CAPTION>
Present Principal Occupation or
Employment, Including the Name
(principal business) and Address (if
Position with Compagnie different than
Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer
-------------------------- ------------------------- ----------- -----------------------------
<S> <C> <C> <C>
I. Directors
---------
Chairman of the Board and Guy Dejouany French Chairman of the Board and Chief
Chief Executive Officer c/o Compagnie Generale des Eaux Executive Officer of Compagnie
52 Rue d'Anjou Generale des Eaux
75384 Paris, France
Vice President and Director Jean-Louis Beffa French Chairman and Chief Executive Officer
c/o Compagnie Saint Gobain les Miroirs of Compagnie Saint Gobain Pont-a-
18, Avenue d'Alsace Mousson
92400 Courbevoie, France
Vice President and Director Ambroise Roux French Honorary Chairman of Alcatel Alsthom
8 Bis, Rue Marguerite
75017 Paris, France
Director Jacques Calvet French Chief Executive Officer of Peugeot
c/o Peugeot S.A. S.A.
75 Avenue de la Grande Armee
75116 Paris, France
Director Roland Genin French Retired
5, rue der Trois Epis
54600 Villers Les
Nancy, France
Director and General Manager Paul-Louis Girardot French General Manager of Compagnie
c/o Compagnie Generale Generale des Eaux
des Eaux
52 Rue d'Anjou
75384 Paris, France
Director Jacques-Henri Gougenheim French Chairman of Banque Worms
c/o UAP International
9 Place Vendome
75052 Paris, Cedex 01 France
</TABLE>
Page 10 of 16
<PAGE> 11
<TABLE>
<CAPTION>
Present Principal Occupation or
Employment, Including the Name
(principal business) and Address (if
Position with Compagnie different than
Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer
-------------------------- ------------------------- ----------- -----------------------------
<S> <C> <C> <C>
Director Loik Le Floch-Prigent French Chairman and Chief Executive Officer
c/o Gaz de France Gaz de France
23 Rue Philibert Delorme
75840 Paris Cedex 12
Director Jean-Pierre Mallet French Honorary Chairman of Banque de
c/o Banque de Neuflize Neuflize Schlumberger Mallet
Schlumberger Mallet
3 Avenue Hoche
75008 Paris, France
Director Jacques Pillet-Will French Honorary Chairman of Banque de
16 Rue de Teheran Picardie
75008 Paris, France
Director Pierre Suard French Chairman of Alcatel Alsthom
c/o Alcatel Alsthom
54 Rue de Boetie
75008 Paris, France
Director Rene Thomas French Chairman and CEO of Banexi
c/o Banexi
16 Blvd. des Italiens
75009 Paris, France
Director Marc Vienot French Chairman of Societe Generale
c/o Societe Generale
29 Boulevard Haussman
75009 Paris, France
</TABLE>
Page 11 of 16
<PAGE> 12
<TABLE>
<CAPTION>
Present Principal Occupation or
Employment, Including the Name
(principal business) and Address (if
Position with Compagnie different than
Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer
-------------------------- ------------------------- ----------- -----------------------------
<S> <C> <C> <C>
II. Executive Officers
(other than those who are
also Directors)
Jacques-Henri David French Directeur General
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Jean-Dominique Deschamps French Directeur General
c/o Compagnie Generale des Eaux Adjoint
52 Rue d'Anjou
75384 Paris, France
Bernard Forterre French Directeur General
c/o Compagnie Generale Adjoint
des Eaux
52 Rue d'Anjou
75384 Paris, France
Jean-Pierre Quinio French Directeur General Adjoint
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Michel Sage French Directeur General Adjoint
c/o Compagnie Generale
des Eaux
52 Rue d' Anjou
75384, Paris, France
Jean-Marc Oury French Directeur de la Compagnie
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Henri Proglio French Directeur de la Compagnie
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
</TABLE>
Page 12 of 16
<PAGE> 13
<TABLE>
<CAPTION>
Present Principal Occupation or
Employment, Including the Name
(principal business) and Address (if
Position with Compagnie different than
Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer
-------------------------- ------------------------- ----------- -----------------------------
<S> <C> <C> <C>
Pierre Schulhof French Directeur de la Compagnie
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Jean-Pierre Tardieu French Directeur de la Compagnie
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Antoine Zacharias French Directeur de la Compagnie
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Andre Morange French Directeur de la Compagnie
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Alain Bravo French Directeur de la Compagnie
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Michel Villaneau French Directeur de la Compagnie
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Jean-Marc Espalioux French Directeur Financier de la Compagnie
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
Christian Castaignet French Directeur du Personnel
c/o Compagnie Generale
des Eaux
52 Rue d'Anjou
75384 Paris, France
</TABLE>
Page 13 of 16
<PAGE> 14
<TABLE>
<CAPTION>
Present Principal Occupation or
Employment, Including the Name
(principal business) and Address (if
Position with Compagnie different than
Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer
-------------------------- ------------------------- ----------- -----------------------------
<S> <C> <C> <C>
Etienne Mallet French Directeur de la Communication et des
c/o Compagnie Generale Relations Exterieures
des Eaux
52 Rue d'Anjou
75384 Paris, France
Bernard Portnoi French Directeur Juridique et
c/o Compagnie Generale Directeur des Services
des Eaux Administratifs de la Compagnie
52 Rue d'Anjou
75384 Paris, France
</TABLE>
Page 14 of 16
<PAGE> 15
Directors and Executive Officers of
Anjou International Company
<TABLE>
<CAPTION>
Present Principal Occupation or
Employment, Including the Name
(principal business) and Address (if
Position with Anjou different than
International Company Name and Business Address Citizenship Business Address) of Employer
--------------------- ------------------------- ----------- -----------------------------
<S> <C> <C> <C>
I. Directors
---------
Chairman of the Board Guy Dejouany French Chairman of the Board and Chief
c/o Compagnie Generale Executive Officer of Compagnie
des Eaux Generale des Eaux
52 Rue d'Anjou
75384 Paris, France
Director Jean-Dominique Deschamps French Directeur General Adjoint of
c/o Compagnie Generale Compagnie Generale des Eaux
des Eaux
52 Rue d'Anjou
75384 Paris, France
Director Bernard Forterre French Directeur General Adjoint of
c/o Compagnie Generale Compagnie Generale des Eaux
des Eaux
52 Rue d'Anjou
75384 Paris, France
Director Claudio Elia French President and CEO of Anjou
c/o Anjou International Company International Company
1105 North Market Street
Suite 1300
P.O. Box 8985
Wilmington, Delaware 19899
II. Executive Officers
------------------
(other than those
who are also directors)
John T. Kelly USA Vice President - Finance and
c/o Anjou International Company Administration
1105 North Market Street
Suite 1300
P.O Box 8985
Wilmington, Delaware 19899
</TABLE>
Page 15 of 16
<PAGE> 16
<TABLE>
<CAPTION>
Present Principal Occupation or
Employment, Including the Name
(principal business) and Address (if
Position with Anjou different than
International Company Name and Business Address Citizenship Business Address) of Employer
--------------------- ------------------------- ----------- -----------------------------
<S> <C> <C> <C>
Christian G. Farman USA Vice President and Controller
c/o Anjou International Company
1105 North Market Street
Suite 1300
P.O Box 8985
Wilmington, Delaware 19899
</TABLE>
Page 16 of 16
