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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1)
OF THE SECURITIES AND EXCHANGE ACT OF 1934
AND
SCHEDULE 13D
(AMENDMENT NO. 1)
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NU-WEST INDUSTRIES, INC.
(NAME OF SUBJECT COMPANY)
AGRIUM ACQUISITION CORPORATION
AGRIUM U.S. INC.
AGRIUM INC.
(BIDDERS)
VOTING COMMON STOCK, $.01 PAR VALUE
(TITLE OF CLASS OF SECURITIES)
670 19H 308
(CUSIP NUMBER)
DOROTHY E.A. BOWER, ESQ.
GENERAL COUNSEL AND CORPORATE SECRETARY
10333 SOUTHPORT ROAD S.W., SUITE 426
CALGARY, ALBERTA, CANADA T2W 3X6
(403) 258-4600
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES
AND COMMUNICATIONS)
COPY TO:
THOMAS A. RICHARDSON, ESQ.
HOLME ROBERTS & OWEN LLC
1700 LINCOLN, SUITE 4100
DENVER, COLORADO 80203
(303) 861-7000
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SCHEDULE 14D-1
CUSIP NO. 670 19H 308
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1. NAME OF REPORTING PERSONS S.S. or I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS
AGRIUM INC. (97061303)
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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
WC
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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
CANADA
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7. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
8,887,203 shares
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8. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES
CERTAIN SHARES [_]
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9. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
95.9%
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10. TYPE OF REPORTING PERSON
CO
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SCHEDULE 14D-1
CUSIP NO. 670 19H 308
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1. NAME OF REPORTING PERSONS S.S. or I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS
AGRIUM U.S. INC. (91-1589568)
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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
AF, WC
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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
COLORADO
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7. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
8,887,203 shares
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8. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES [_]
CERTAIN SHARES
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9. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
95.9%
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10. TYPE OF REPORTING PERSON
CO
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SCHEDULE 14D-1
CUSIP NO. 670 19H 308
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1. NAME OF REPORTING PERSONS S.S. or I.R.S.
IDENTIFICATION NO. OF ABOVE PERSONS
AGRIUM ACQUISITION CORPORATION
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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
AF
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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. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
8,887,203 shares
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8. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES
CERTAIN SHARES [_]
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9. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
95.9%
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10. TYPE OF REPORTING PERSON
CO
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This Amendment No. 1 amends and supplements the Tender Offer Statement on
Schedule 14D-1 filed by Agrium Inc., a Canadian corporation ("Parent"), Agrium
U.S. Inc., a Colorado corporation and a wholly-owned subsidiary of Parent
("Agrium U.S."), and Agrium Acquisition Corporation, a Delaware corporation and
wholly-owned subsidiary of Agrium U.S. ("Purchaser"), relating to the offer by
Purchaser to purchase all outstanding shares of Voting Common Stock, $.01 par
value, and Nonvoting Common Stock, $.01 par value (the "Shares") of Nu-West
Industries, Inc. (the "Company"), at $10.50 per Share, net to the seller in
cash, on the terms and subject to the conditions set forth in the Offer to
Purchase, dated August 16, 1995 (the "Offer to Purchase"), and in the related
Letter of Transmittal, copies of which are attached to the Tender Offer
Statement as Exhibits (a)(1) and (a)(2), respectively. The Nonvoting Common
Stock is not registered under the Securities Exchange Act of 1934, as amended,
and is convertible into Voting Common Stock.
This Amendment No. 1 amends and supplements the Statement on Schedule 13D with
respect to the acquisition by the Purchaser, Agrium U.S. and the Parent of
beneficial ownership of the Shares. The item numbers and responses thereto below
are in accordance with the requirements of Schedule 14D-1.
ITEM 5. PURPOSE OF THE TENDER OFFER AND PLANS OR PROPOSALS OF THE BIDDER
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ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY
ITEM 7. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO THE SUBJECT COMPANY'S SECURITIES
ITEM 10. ADDITIONAL INFORMATION
(a) The information set forth in Sections 5, 6 and 7 of the Offer to Purchase
is hereby amended and supplemented by the following information:
On October 3, 1995, Parent issued a press release announcing, among other
things, that (1) Purchaser had completed the Offer, (2) based upon a preliminary
count, a total of 8,887,203 Shares (including 8,117 Shares subject to
guarantees of delivery) had been tendered pursuant to the Offer, and (3) all
Shares validly tendered will be purchased, in accordance with the terms of the
Offer. The Shares accepted for payment pursuant to the Offer on October 3, 1995
represent approximately 95.9 percent of the Company's issued and outstanding
Shares. A copy of such press release is attached hereto as Exhibit (g)(1) and
incorporated herein by reference.
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS
99.1 Text of the Press Release issued by Parent on October 3, 1995.
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SIGNATURES
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.
Agrium Inc.
/s/ John M. Van Brunt
By: _________________________________
Name: John M. Van Brunt
Title: President & Chief Executive
Officer
Agrium U.S. Inc.
/s/ John M. Van Brunt
By: _________________________________
Name: John M. Van Brunt
Title: Chairman & Chief Executive
Officer
Agrium Acquisition Corporation
/s/ Dorothy E. A. Bower
By: _________________________________
Name: Dorothy E. A. Bower
Title: President
Dated: October 3, 1995
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EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit Description
<S> <C>
99.1 Text of the Press Release issued by Parent on
October 3, 1995.
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[LETTERHEAD OF AGRIUM INC. APPEARS HERE] 95.023
October 3, 1995
CONTACT:
NEWS --------
DICK NICHOLS
Phone (403) 258-5746
FOR IMMEDIATE RELEASE
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AGRIUM COMPLETES NU-WEST TENDER OFFER
CALGARY, Alberta--Agrium Inc. (TSE:AGU, Nasdaq: AGMIF) announced today that its
indirect wholly owned subsidiary, Agrium Acquisition Corporation, had completed
its cash tender offer for common shares of Nu-West Industries Inc. (Nasdaq:
FERT) at a price of U.S.$10.50 per share.
Agrium stated that, based upon a preliminary count at 4:00 p.m. New York time
Monday, October 2, 1995, a total of 8,873,231 shares (including 1,873,432 shares
subject to guarantees of delivery) had been tendered pursuant to the offer,
which expired at midnight New York time on Monday, October 2, 1995. In
accordance with the terms of its tender offer, Agrium will purchase all shares
tendered.
After purchasing the shares, Agrium will hold approximately 95.8 percent of
Nu-West's outstanding common stock.
As announced August 9, 1995, Agrium and Nu-West signed a definitive agreement
providing for the merger of the two companies in a two-step transaction.
Following the satisfaction of certain conditions, Nu-West will merge with Agrium
Acquisition Corporation. In the merger, each share of Nu-West common stock will
be converted into the right to receive U.S.$10.50 in cash.
Agrium Inc., based in Calgary, Alberta, is one of North America's largest
integrated and diversified fertilizer companies. Nu-West is a producer and
marketer of phosphate fertilizer products.
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