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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________
AMENDMENT NO. 8*
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. Ton van Tielraden
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
______________
* Constituting the final amendment to Schedule 14D-1.
<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>
This Amendment No. 8 is the final amendment to 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"), 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 3. Past Contacts, Transactions or Negotiations with the Subject Company.
Items 3(a)-(b) are amended and supplemented by adding at the end
thereof the following:
"On December 16, 1999, Parent notified SMG-II that Parent is
terminating the SMG-II Merger Agreement and the Alternative Stock Purchase
Agreement in accordance with their respective terms.
As a result of the termination of the SMG-II Merger Agreement,
Purchaser has terminated the Offer."
Item 7. Contracts, Arrangements, Understandings or Relationships with Respect
to the Subject Company's Securities.
Item 7 is amended and supplemented by incorporation herein by reference
of the information set forth above under Item 3 (Past Contacts, Transactions or
Negotiations with the Subject Company).
Item 10. Additional Information.
Items 10 (a) and (f) are amended and supplemented by adding at the end
thereof the following:
"On December 16, 1999, Parent announced that Purchaser has terminated
the Offer. No Shares were purchased pursuant to the Offer and Purchaser has
instructed the Depositary to return all Shares tendered to the tendering
shareholders. The full text of the press release issued by Parent on December
16, 1999 with respect to the termination of the Offer is filed herewith as
Exhibit (a)(15) and is incorporated herein by reference."
Item 11. Material to be Filed as Exhibits
The following is hereby added as an exhibit:
Exhibit (a)(15) Press Release dated December 16, 1999.
<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: December 16, 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
December 16, 1999
31 75 6595720
US regulators oppose Ahold acquisition of Pathmark
Ahold terminates Pathmark acquisition and tender offer
Zaandam, The Netherlands, December 16, l999 - Royal Ahold, the
international food retailer, announced that the Federal Trade Commission ("FTC")
has communicated its strong opposition to Ahold's acquisition of the Pathmark
supermarket chain. In light of this opposition, the Ahold Corporate Executive
Board has exercised its right to terminate the agreements with SMG-II Holdings
Corporation ("SMG-II"), the holding company controlling Pathmark through its
subsidiary Supermarket General Holdings Corporation ("SGHC"), effective as of
December 16, l999. Consequently, the tender offer for the preferred stock of
SGHC has also been terminated. Royal Ahold has instructed Citibank, N.A., the
depository for the tender offer, to return all tendered shares of preferred
stock of SGHC to the holders thereof.
In a statement, Ahold said that the decision to terminate the agreements
with SMG-II was taken after the company had tried for many months to reach
agreement with the regulatory authorities. "We believe that the regulators'
position represents a distinct departure from past policies," said an Ahold
spokesman. Ahold had been willing to divest a very considerable number of
stores, but the regulators would not accept that concession. Furthermore, Ahold
could not locate a buyer that might be acceptable to the FTC for this
considerable number of stores.
"We have made every effort to get the transaction approved," said the
spokesman. "We strongly regret having lost the opportunity of working with the
highly talented Pathmark team."
Ahold is committed to continue to grow its operations along the eastern
seaboard through superior cooperation among its five supermarket chains,
Giant-Carlisle, Giant-Landover, BI-LO, Tops and Stop & Shop. The company sees
considerable further growth in the US through acquisitions in areas where it
currently has no franchise.
Last week, Ahold announced that fourth-quarter US sales were "robust" and
that store sales were above expectations.
Ahold Public Relations: tel. +31 75 659 5720
After office hours: Hans Gobes: +31 6 55 82 22 98, Jan Hol: +31 6 22 93 31 37
