ROYAL AHOLD
SC TO-T/A, 2000-04-10
GROCERY STORES
Previous: NOTTINGHAM INVESTMENT TRUST II, PRES14A, 2000-04-10
Next: LINCOLN NATIONAL INTERNATIONAL FUND INC, 485BPOS, 2000-04-10



================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   ----------
                                  SCHEDULE TO/A
                                 (Rule 14d-100)

                             Tender Offer Statement
                    Under Section 14(d)(1) or 13(e)(1) of the
                         Securities Exchange Act of 1934
                                (Amendment No. 3)
                                   ----------
                                U.S. Foodservice
                            (Name of Subject Company)
                                   ----------
                      Koninklijke Ahold N.V. (Royal Ahold)
                             Snow Acquisition, Inc.
                            (Names of Filing Persons)

                     Common Stock, par value $.01 per share
                         (Title of Class of Securities)

                                    90331R101
                      (CUSIP Number of Class of Securities)
                                   ----------
                             Ton van Tielraden, Esq.
                             Koninklijke Ahold N.V.
                                Albert Heijnweg 1
                                 1507 EH Zaandam
                                 The Netherlands
                               011-31-75-659-9111
            (Name, Address and Telephone Number of Person Authorized
       to Receive Notices and Communications on Behalf of Filing Persons)
                                   ----------
                                   Copies to:
                               John M. Reiss, Esq.
                             Oliver C. Brahmst, Esq.
                                White & Case LLP
                           1155 Avenue of the Americas
                            New York, New York 10036
                                 (212) 819-8200

[ ]  Check the box if the filing relates  solely to  preliminary  communications
     made before the commencement of a tender offer. Check the appropriate boxes
     below to designate any transactions to which the statement  relates:
[X]  third-party tender offer subject to Rule 14d-1.
[ ]  issuer tender offer subject to Rule 13e-4.
[ ]  going-private transaction subject to Rule 13e-3.
[ ]  amendment to Schedule 13D under Rule 13d-2.
Check the following box if the filing is a final amendment reporting the results
of the tender offer: [ ]
================================================================================
<PAGE>

     This Amendment No. 3 amends and  supplements  the Tender Offer Statement on
Schedule TO filed on March 13, 2000,  as amended,  relating to the offer by Snow
Acquisition,  Inc. (the "Purchaser"),  a Delaware  corporation,  and an indirect
wholly owned subsidiary of Koninklijke Ahold N.V.  ("Parent"),  a public company
with limited liability  incorporated  under the laws of The Netherlands with its
corporate seat in Zaandam (Municipality Zaanstad), The Netherlands,  to purchase
all of the issued and  outstanding  shares of Common  Stock,  par value $.01 per
share, of U.S.  Foodservice (the "Company"),  including the associated preferred
stock  purchase  rights  issued  pursuant  to the Amended  and  Restated  Rights
Agreement,  dated as of October 4, 1999 and amended as of March 6, 2000,  by and
between the Company and  ChaseMellon  Shareholder  Services,  L.L.C.,  as Rights
Agent (such common stock and  preferred  stock  purchase  rights are referred to
herein together as the "Common Stock"), at a price of $26.00 per share of Common
Stock, 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 13,
2000 (the "Offer to Purchase"), and in the related Letter of Transmittal (which,
as they may be amended and supplemented from time to time,  together  constitute
the "Offer").

Item 8. Interest in Securities of the Subject Company.

     Item 8 is hereby amended to add at the end thereof the following:

          "The Offer expired as scheduled at 12:00 midnight, New York City time,
     on Friday, April 7, 2000. Based on preliminary  information provided by the
     Depositary,  a total of  100,400,644.68  shares of Common Stock  (including
     11,545,654  shares of Common Stock subject to guarantees of delivery)  have
     been validly tendered pursuant to the Offer.

          Parent and the Purchaser have been informed by the Company's  transfer
     agent that the number of issued and  outstanding  shares of Common Stock as
     of  April  7,  2000,  the  date  of  the  expiration  of  the  Offer,   was
     103,091,686.49.  Accordingly, the percentage of shares of Common Stock that
     were tendered pursuant to the Offer is 97.4%.

          Subject to  satisfaction of the  requirements of the Delaware  General
     Corporation Law ("DGCL"),  at the relevant time Parent intends to cause the
     Purchaser  to merge with and into the Company  pursuant  to a "short  form"
     merger under the DGCL, resulting in the Company becoming an indirect wholly
     owned subsidiary of Parent. In the merger, each outstanding share of Common
     Stock (other than shares of Common Stock held by Parent, the Company or any
     of their respective subsidiaries and shares of Common Stock with respect to
     which appraisal rights are exercised under the DGCL) will be converted into
     the right to receive  $26.00 per share of Common  Stock in cash and without
     interest."

Item 11. Additional Information.

     Item 11 is amended by adding at the end thereof the following:

          "On April 10,  2000,  Parent and the  Company  issued a press  release
     announcing  that the Offer had  expired  at 12:00  midnight,  New York City
     time,  on Friday,  April 7, 2000.  A copy of the press  release is attached
     hereto as Exhibit (a)(14) and is incorporated herein by reference."

Item 12 Exhibits.

     Item 12 is hereby amended and supplemented by adding the following:

     (a)(14) Press Release  announcing  the  expiration of the Offer dated April
             10, 2000.
<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:  April 10, 2000                      KONINKLIJKE AHOLD N.V.

                                            By: /s/ Robert G. Tobin
                                               ---------------------------------
                                                Name:   Robert G. Tobin
                                                Title:  Executive Vice President


Dated:  April 10, 2000                      SNOW ACQUISITION, INC.

                                            By: /s/ Robert G. Tobin
                                               ---------------------------------
                                               Name:   Robert G. Tobin
                                               Title:  President

                                  Press Release

                                                                     Royal Ahold
                                                                Public Relations

                                                            Date: April 10, 2000
                                          For more information: +31 75 659 57 20

Ahold successfully completes
tender offer for U.S. Foodservice

Zaandam,  The  Netherlands / Columbia,  Maryland  (USA),  April 10, 2000 - Royal
Ahold,  the  international  food  provider,  and  U.S.  Foodservice,   America's
second-largest broadline foodservice distributor, today announced the successful
completion of Ahold's tender offer for all outstanding shares of common stock of
U.S. Foodservice.

Based  on  preliminary  information  provided  by the  depositary,  a  total  of
100,400,644.68  shares shares of common stock were validly tendered.  This total
represents  approximately  97.4% of the  103,091,686.49  outstanding  shares  of
common stock.  Ahold will accept these shares for payment on Tuesday,  April 11,
2000.  This share amount  includes  11,545,654  shares  subject to guarantees of
delivery.  Ahold's tender offer for U.S.  Foodservice,  which commenced on March
13, 2000, expired at 12:00 midnight on April 7, 2000.

Ahold  intends to make  prompt  payment for the shares of common  stock  validly
tendered  pursuant  to the  tender  offer.  The  company  will  then  merge  its
wholly-owned  acquisition  subsidiary into U.S.  Foodservice,  resulting in U.S.
Foodservice  becoming a  wholly-owned  subsidiary  of Ahold  USA.  The merger is
expected to close no later than April 12, 2000. As a result of this transaction,
Ahold USA will become a USD 30 billion  multi-channel  food  provider  servicing
over 20 million  US  households  every week  through  its solid  store  network,
institutional operations and the internet.

U.S. Foodservice

U.S. Foodservice, with annualized sales of close to USD 7 billion, is one of the
largest  broadline  foodservice  distributors in the United States.  The company
distributes  food  and  related   products  to  restaurants  and   institutional
foodservice   establishments   across  the  continental   United  States.   U.S.
Foodservice markets and distributes national,  private label and signature brand
items to over 143,000  foodservice  customers,  including  restaurants,  hotels,
healthcare  facilities,  cafeterias  and  schools.  U.S.  Foodservice's  diverse
customer base encompasses  independent and chain businesses as well as consumers
through its e-commerce website www.nextdaygourmet.com.

Royal Ahold

Ahold operates 4,000  supermarkets,  superstores,  hypermarkets  and other store
formats in the United States, Europe, Latin America and Asia, with 1999 sales of
Euro 33.6 billion and net earnings of Euro 752.1  million.  The company  employs
over 300,000  associates and serves  approximately  30 million  customers  every
week.  Ahold shares are listed in Amsterdam,  Zurich and as ADRs on the New York
Stock Exchange (AHO).

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

- --------------------------------------------------------------------------------
This press release  includes  forward-looking  statements that involve risks and
uncertainties  that could cause actual results to differ  materially,  including
risks  associated with completion of a definitive  agreement for the venture and
related  approvals,  acceptance  of the  exchange  model  within  the  industry,
unanticipated costs, competition from other providers,  technological challenges
and other factors. This press release does not constitute an offer; an offer may
only be made by means of a prospectus.
- --------------------------------------------------------------------------------


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission