SUPERMARKETS GENERAL HOLDINGS CORP
SC 14D1/A, 1999-11-12
GROCERY STORES
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 AMENDMENT NO. 7
                                       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

<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. 7 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"), 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  (f) of Item 10 is amended by adding at the end  thereof  the
following:

         On November 12, 1999,  Parent  issued a  press release  announcing  the
extension  of the  Expiration  Date of the Offer until 5:00 p.m.,  New York City
time, on Friday, December 17, 1999, unless further extended. A copy of the press
release is filed as Exhibit (a)(14) and is incorporated herein by reference.

Item 11. Materials to be Filed as Exhibits.

         The following is hereby added as an exhibit:

         Exhibit (a)(14)  Press Release dated November 12, 1999  announcing  the
                          extension of the Expiration Date of the Offer.




<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: November 12, 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




November 12, 1999
                                                               (31 75 6595720)






Ahold extends tender offer in connection with Pathmark

Zaandam,  The Netherlands,  November 12, 1999 - Royal Ahold today announced that
its  wholly-owned  subsidiary  Ahold  Acquisition,  Inc. is extending the tender
offer for the preferred stock of Supermarkets  General Holdings Corporation at a
price of $ 39.85 per share of  preferred  stock  until 5:00 p.m.,  New York City
time, on Friday,  December 17, 1999.  The offer had  been scheduled to expire on
Monday, November 15, 1999.

The tender offer has been made pursuant to a merger  agreement under which Royal
Ahold will acquire all of the outstanding shares of SMG-II Holdings Corporation,
the company which  controls the US supermarket  company  Pathmark  Stores,  Inc.
through Supermarkets General.

Based upon  information  provided by Citibank N.A., as depositary for the offer,
as of the close of business  on November  10,  1999,  approximately  4.3 million
shares (89%) of the outstanding  Supermarkets  General preferred stock have been
tendered  and not  withdrawn.  Completion  of the  tender  offer is subject to a
number of conditions,  including obtaining necessary regulatory approvals and at
least 66 2/3% of the  shares  of  Supermarkets  General  preferred  stock  being
tendered  in the  offer  and not  withdrawn.  In the  event  that 66 2/3% of the
Supermarkets General preferred stock is not tendered, SMG-II has agreed to cause
its subsidiary to sell to Ahold  Acquisition  all of the  outstanding  shares of
Pathmark for the same purchase price.




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