SUPERMARKETS GENERAL HOLDINGS CORP
SC 14D1/A, 1999-07-23
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
                                     ______

                    Supermarkets General Holdings Corporation
                            (Name of Subject Company)
                                     ______

                      Koninklijke Ahold N.V. (Royal Ahold)
                                  Croesus, Inc.
                               Ahold U.S.A., Inc.
                             Ahold Acquisition, Inc.
                                    (Bidders)
                                     ______

           $3.52 Cumulative Exchangeable Redeemable Preferred Stock,
                           par value $0.01 per share
                         (Title of Class of Securities)
                                     ______

                                    86844620
                      (CUSIP Number of Class of Securities)

                                     ______

                             Mr. Paul P.J. Butzelaar
                             Koninklijke Ahold N.V.
                                Albert Heijnweg 1
                        1507 EH Zaandam, The Netherlands
                               011-31-75-659-5671

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

                                    Copy to:



                               John M. Reiss, Esq.
                                White & Case LLP
                           1155 Avenue of the Americas
                            New York, New York 10036
                                 (212) 819-8200


<PAGE>



SCHEDULE 14D-1
- ---------------------------------
 CUSIP No. 86844620
- ---------------------------------

- -------- -----------------------------------------------------------------------
 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

         N/A
- -------- -----------------------------------------------------------------------
 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>



SCHEDULE 14D-1
- ---------------------------------
 CUSIP No. 86844620
- ---------------------------------

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

         Croesus, Inc.
- -------- -----------------------------------------------------------------------
 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

         State of Delaware
- -------- -----------------------------------------------------------------------
 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>



SCHEDULE 14D-1
- ---------------------------------
 CUSIP No. 86844620
- ---------------------------------

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

         Ahold U.S.A., Inc.
- -------- -----------------------------------------------------------------------
 2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                     [ ] (a)
                                                                     [ ] (b)

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


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

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

         State of Delaware
- -------- -----------------------------------------------------------------------
 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>



SCHEDULE 14D-1
- ---------------------------------
 CUSIP No. 86844620
- ---------------------------------

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

         Ahold Acquisition, Inc.
- -------- -----------------------------------------------------------------------
 2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                     [ ] (a)
                                                                     [ ] (b)

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


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

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

         State of Delaware
- -------- -----------------------------------------------------------------------
 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 the Schedule 14D-1 filed on
March 15, 1999, as amended, relating to the offer by Ahold Acquisition,  Inc., a
Delaware  corporation (the  "Purchaser"),  a direct  wholly-owned  subsidiary of
Ahold  U.S.A.,  Inc.,  a Delaware  corporation  ("Ahold  U.S.A."),  an  indirect
wholly-owned  subsidiary of Croesus Inc., a Delaware corporation ("Croesus") and
an indirect wholly-owned  subsidiary of Koninklijke Ahold N.V. (also referred to
as Royal Ahold), a public company with limited liability  incorporated under the
laws  of The  Netherlands  with  its  corporate  seat in  Zaandam  (Municipality
Zaanstad),  The Netherlands  ("Parent"),  to purchase for cash all of the issued
and outstanding shares of the $3.52 Cumulative Exchangeable Redeemable Preferred
Stock,  par value  $0.01 per  share  (the  "Shares"),  of  Supermarkets  General
Holdings  Corporation,  a Delaware  corporation (the  "Company"),  at a price of
$38.25  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 March 15, 1999 (the "Offer to  Purchase"),  and in the
related Letter of Transmittal and Notice of Guaranteed Delivery.


Item 10. Additional Information.

         Paragraph (e) of Item 10 is hereby amended and  supplemented  by adding
thereto the following:

         "As previously  described in the Schedule 14D-1,  the Company,  SMG-II,
the  Purchaser and the directors of the Company and the plaintiff in a purported
stockholder  class  action  lawsuit  entitled  Wolfson v.  Supermarkets  General
Holdings Corporation, et al., C.A. No. 17047 (the "Action") agreed to settle the
Action pursuant to a Memorandum of Understanding dated May 19, 1999. Thereafter,
the parties executed a definitive settlement agreement that was submitted to the
Court of Chancery of the State of Delaware (the "Court") for approval. The Court
scheduled a hearing for July 22, 1999 to consider,  among other things,  whether
the action shall be certified as a class action,  the  fairness,  reasonableness
and adequacy of the settlement and the fee application to be made by plaintiff's
counsel.  At the  hearing,  the  Court  certified  the class  and  approved  the
settlement and the fee application."



<PAGE>




                                    SIGNATURE

     After due 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: July 23, 1999           KONINKLIJKE AHOLD N.V.


                               By: /S/ R. G. TOBIN
                                   --------------------------------
                                    Name:  R.G. Tobin
                                    Title: Executive Vice President

                               CROESUS, INC.


                               By: /S/ R. G. TOBIN
                                   --------------------------------
                                    Name:  R.G. Tobin
                                    Title: President and Chief Executive Officer

                               AHOLD U.S.A., INC.


                               By: /S/ R. G. TOBIN
                                   --------------------------------
                                    Name:  R. G. Tobin
                                    Title: President and Chief Executive Officer

                               AHOLD ACQUISITION, INC.


                               By: /S/ R. G. TOBIN
                                   --------------------------------
                                    Name:  R. G. Tobin
                                    Title: President





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