1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 16) PHILADELPHIA SUBURBAN CORPORATION --------------------------------- (Name of issuer) Common Stock, Par Value $.50 Per Share -------------------------------------- (Title of class of securities) 718009 6 08 ---------------------- (CUSIP Number) Alain Brunais Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France 3314-924-4924 ---------------------------------- (Name, address, and telephone number of person authorized to receive notices and communications) Copies of all notices should be sent to: Rohan S. Weerasinghe, Esq. Shearman & Sterling 599 Lexington Avenue New York, New York 10022 (212) 848-7088 May 13, 1993 --------------------------- (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this statement, and is filing this statement because of Rule 13d-1(b) (3) or (4), check the following box: / / Check the following box if a fee is being paid with this statement: / / Page 1 of 16 2 CUSIP No. 718009 6 08 Page 2 of 16
(1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Compagnie Generale des Eaux --------------------------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) /x/ (a) ------------------------------------------------------------------------------------------------ / / (b) ------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------- (3) SEC Use Only ---------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) ----------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e). / / --------------------------------------------------------------------------------------------------- (6) Citizenship or Place of Organization France -------------------------------------------------------------- --------------------------------------------------------------------------------------------------- - -------------------------------- Number of (7) Sole Voting Power 1,493,600 -------------------------------------------------------- Shares -------------------------------------------------------------------------- Beneficially (8) Shared Voting Power 120,000 ------------------------------------------------------ Owned by -------------------------------------------------------------------------- Each (9) Sole Dispositive Power 1,493,600 --------------------------------------------------- Reporting -------------------------------------------------------------------------- Person (10) Shared Dispositive Power 120,000 ------------------------------------------------- With - -------------------------------- -------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,613,600 --------------------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) / / -------------------------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) Approximately 14.1% (based upon 11,404,928 shares outstanding as of March 1, ---------------------------------------------------------------------------------------------------- 1994 according to Philadelphia Suburban Corporation's Report on Form 10-K for ---------------------------------------------------------------------------------------------------- the Year ended December 31, 1993). ---------------------------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO -------------------------------------------------------- 3 CUSIP No. 718009 6 08 Page 3 of 16
(1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Anjou International Company --------------------------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions) /x/ (a) ------------------------------------------------------------------------------------------------ / / (b) ------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------- (3) SEC Use Only ---------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) WC ----------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e). / / ---------------------------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Delaware --------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- - -------------------------------- Number of (7) Sole Voting Power 0 -------------------------------------------------------- Shares -------------------------------------------------------------------------- Beneficially (8) Shared Voting Power 120,000 ------------------------------------------------------ Owned by -------------------------------------------------------------------------- Each (9) Sole Dispositive Power 0 --------------------------------------------------- Reporting -------------------------------------------------------------------------- Person (10) Shared Dispositive Power 120,000 ------------------------------------------------- With - -------------------------------- -------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 120,000 --------------------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) / / -------------------------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) Approximately 14.1% (based upon 11,404,928 shares outstanding as of March 1, ---------------------------------------------------------------------------------------------------- 1994 according to Philadelphia Suburban Corporation's Report on Form 10-K for ---------------------------------------------------------------------------------------------------- the Year ended December 31, 1993). ---------------------------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO -------------------------------------------------------- 4 This Amendment No. 16, which amends and restates in its entirety the Statement on Schedule 13D, dated September 7, 1983, as amended, of Compagnie Generale des Eaux ("CGE"), is filed to reflect information required pursuant to Rule 13d-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended, relating to the shares of Common Stock, par value $.50 per share, of Philadelphia Suburban Corporation, a Pennsylvania corporation (the "Issuer"). Item 1. Security and Issuer. The Issuer's principal executive offices are located at 762 Lancaster Drive, Bryn Mawr, Pennsylvania 19010. This statement relates to the shares of common stock, par value $.50 per share, of the Issuer (the "Shares"). Item 2. Identity and Background. (a) This statement is filed by CGE, a French corporation, and Anjou International Company ("Anjou"), a wholly owned subsidiary of CGE. (b) The business address of CGE is 52 Rue d'Anjou, 75384 Paris, France. The business address of Anjou is 1105 North Market Street, Suite 1300, P.O. Box 8985, Wilmington, Delaware 19899. (c) CGE and its subsidiaries are a diversified group of local service companies primarily engaged in providing a comprehensive range of public, institutional and industrial service needs for water, power, heating and urban maintenance. In France, CGE, together with its subsidiaries, is one of the nation's largest cable broadcasters and cellular telephone network operators and one of the leading managers of private health clinics and parking lots. Anjou is a holding company for certain of CGE's interests in the United States. The names, residence or business addresses and present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, of the executive officers and directors of CGE and of Anjou are set forth in Exhibit A hereto and incorporated herein by reference. (d) During the last five years, neither CGE nor, to the best of CGE's knowledge, any of the directors or executive officers of CGE have been convicted in criminal proceedings (excluding traffic violations or similar misdemeanors). During the last five years, neither Anjou nor, to the best of Anjou's knowledge, any of the directors or executive officers of Anjou have been convicted in criminal proceedings (excluding traffic violations or similar misdemeanors). (e) During the last five years, neither CGE nor, to the best of CGE's knowledge, any of the directors or executive officers of CGE was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. During the last five years, neither Anjou nor, to the best of Anjou's knowledge, any of the directors or executive officers of Anjou was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order Page 4 of 16 5 enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) The citizenship of the executive officers and the directors of CGE and Anjou is set forth in Exhibit A hereto and incorporated herein by reference. Item 3. Source and Amount of Funds or Other Consideration. The source of the funds used to finance the acquisitions reported by this Amendment No. 16 was working capital. The total amount of such funds was $2,196,250.00, exclusive of brokerage commissions. Item 4. Purpose of Transaction. The Shares purchased by CGE and Anjou to the date hereof were acquired, and are being held, as an investment. Neither CGE nor Anjou has any present plans or proposals which may relate to or would result in: (a) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (b) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (c) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (d) Any material change in the present capitalization or dividend policy of the Issuer; (e) Any other material change in the Issuer's business or corporate structure; (f) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; (g) A class of securities of the Issuer being delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (h) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (i) Any action similar to any of those enumerated above. As a result of the sale by the Issuer of 1,100,000 newly issued Shares on April 21, 1993, CGE's ownership percentage of the outstanding Shares was reduced from approximately 15.1% to approximately 13.3%. CGE presently intends, depending upon market conditions and share prices, to acquire (either directly or through a subsidiary, including Anjou) additional Shares from time to time in the open market or in negotiated transactions or both to increase its ownership percentage of the outstanding Shares. CGE has advised the Issuer that such purchases of Shares will be solely for investment purposes. CGE filed a Premerger Notification and Report Form with the Federal Trade Commission and the Department of Justice under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 stating its intention to purchase additional Shares, which purchases will result in CGE holding at least 15% of the outstanding Shares. CGE intends to review its Page 5 of 16 6 investment position in the Issuer periodically and, depending on such review and the Issuer's business, prospects and future developments, CGE may seek to acquire further Shares or may sell its Shares. Item 5. Interest in Securities of the Issuer. (a) As of May 26, 1994, CGE was the owner of 1,493,600 Shares constituting approximately 13.1% of the outstanding Shares (based upon 11,404,928 Shares outstanding as calculated above). To the best knowledge of CGE, no director or executive officer owns or has any right to acquire, directly or indirectly, any Shares. As of May 26, 1994, Anjou was the owner of 120,000 Shares constituting approximately 1.0% of the outstanding Shares (based upon 11,404,928 Shares outstanding as calculated above). To the best knowledge of Anjou, no director or executive officer of Anjou International Company owns or has any right to acquire, directly or indirectly, any Shares. As of May 26, 1994, CGE and Anjou were the beneficial owners of 1,613,600 Shares constituting approximately 14.1% of the outstanding Shares (based upon 11,404,928 Shares outstanding as calculated above). (b) CGE has the sole power to vote or direct the disposition of 1,493,600 Shares. CGE has the shared power to vote or direct the disposition of 120,000 Shares. Anjou has the shared power to vote or direct the disposition of 120,000 Shares. (c) In the past sixty days, Anjou has made the following purchases of Shares, all of which were open market transactions on the New York Stock Exchange. Page 6 of 16
Price Per Share (excluding Date of Purchase Number of Shares Purchased commissions) ---------------- -------------------------- ------------------------------- 04/11/94 1,100 17 5/8 04/12/94 100 17 5/8 04/13/94 800 17 7/8 500 17 5/8 04/18/94 1,000 17 3/4 04/19/94 500 18 1,000 17 7/8 04/20/94 500 18 1/8 1,000 18 04/21/94 500 18 1/4 1,000 18 04/22/94 500 18 1,000 17 7/8 04/26/94 500 18 1/4 400 18 100 17 7/8 04/28/94 500 18 900 17 7/8 04/29/94 800 17 7/8 7 Except as set forth above, neither CGE nor (to the best of CGE's knowledge) any executive officer or director of CGE (a) owns, or has any right to acquire, directly or indirectly, any Shares or (b) has, in the past 60 days, effected any transactions in the Shares. Except as set forth above, neither Anjou nor (to the best of Anjou's knowledge) any executive officer or director of Anjou (a) owns, or has any right to acquire, directly or indirectly, any Shares or (b) has, in the past 60 days, effected any transactions in the Shares. (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings, or Relationships with Respect to Securities of the Issuer. Anjou is a wholly owned subsidiary of CGE. Neither CGE nor Anjou has, and (to the best of CGE's and Anjou's knowledge) no person named in Item 2 hereof has, any contract, arrangement, understanding, or relationship (legal or otherwise) with any person with respect to any securities of the Issuer, but not limited to any contract, arrangement, understanding, or relationship concerning the transfer or the voting of any such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guaranties of profits, division of profits or loss, or the giving or withholding of proxies. Item 7. Material to be Filed as Exhibits. (A) List of Directors and Officers of CGE and Anjou. Page 7 of 16
Price Per Share (excluding Date of Purchase Number of Shares Purchased commissions) ---------------- -------------------------- ------------------------------- 05/03/94 1,200 18 05/04/94 500 18 500 17 7/8 05/05/94 500 18 1/8 500 18 05/06/94 500 18 05/09/94 1,000 18 05/10/94 1,000 17 3/4 05/11/94 1,000 17 3/4 05/12/94 1,000 17 1/2 05/13/94 300 17 5/8 700 17 7/8 05/16/94 800 17 7/8 05/17/94 1,000 18 05/18/94 1,200 18 05/19/94 1,000 18 8 SIGNATURE 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. COMPAGNIE GENERALE DES EAUX By /s/ Claudio Elia ------------------------------------------------ Name: Claudio Elia Title: President and CEO Anjou International Company, pursuant to a power of attorney contained in the Statement on Schedule 13D, as amended Dated: June 1, 1994 Page 8 of 16 9 SIGNATURE 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. ANJOU INTERNATIONAL COMPANY By /s/ Claudio Elia ------------------------------------- Name: Claudio Elia Title: President and CEO Anjou International Company Dated: June 1, 1994 Page 9 of 16 10 EXHIBIT A Directors and Executive Officers of Compagnie Generale des Eaux Page 10 of 16
Present Principal Occupation or Employment, Including the Name (principal business) and Address (if Position with Compagnie different than Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer -------------------------- ------------------------- ----------- ----------------------------- I. Directors --------- Chairman of the Board and Guy Dejouany French Chairman of the Board and Chief Chief Executive Officer c/o Compagnie Generale des Eaux Executive Officer of Compagnie 52 Rue d'Anjou Generale des Eaux 75384 Paris, France Vice President and Director Jean-Louis Beffa French Chairman and Chief Executive Officer c/o Compagnie Saint Gobain les Miroirs of Compagnie Saint Gobain Pont-a- 18, Avenue d'Alsace Mousson 92400 Courbevoie, France Vice President and Director Ambroise Roux French Honorary Chairman of Alcatel Alsthom 8 Bis, Rue Marguerite 75017 Paris, France Director Jacques Calvet French Chief Executive Officer of Peugeot c/o Peugeot S.A. S.A. 75 Avenue de la Grande Armee 75116 Paris, France Director Roland Genin French Retired 5, rue der Trois Epis 54600 Villers Les Nancy, France Director and General Manager Paul-Louis Girardot French General Manager of Compagnie c/o Compagnie Generale Generale des Eaux des Eaux 52 Rue d'Anjou 75384 Paris, France Director Jacques-Henri Gougenheim French Chairman of Banque Worms c/o UAP International 9 Place Vendome 75052 Paris, Cedex 01 France 11 Page 11 of 16
Present Principal Occupation or Employment, Including the Name (principal business) and Address (if Position with Compagnie different than Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer -------------------------- ------------------------- ----------- ----------------------------- Director Loik Le Floch-Prigent French Chairman and Chief Executive Officer c/o Gaz de France Gaz de France 23 Rue Philibert Delorme 75840 Paris Cedex 12 Director Jean-Pierre Mallet French Honorary Chairman of Banque de c/o Banque de Neuflize Neuflize Schlumberger Mallet Schlumberger Mallet 3 Avenue Hoche 75008 Paris, France Director Jacques Pillet-Will French Honorary Chairman of Banque de 16 Rue de Teheran Picardie 75008 Paris, France Director Pierre Suard French Chairman of Alcatel Alsthom c/o Alcatel Alsthom 54 Rue de Boetie 75008 Paris, France Director Rene Thomas French Chairman and CEO of Banexi c/o Banexi 16 Blvd. des Italiens 75009 Paris, France Director Marc Vienot French Chairman of Societe Generale c/o Societe Generale 29 Boulevard Haussman 75009 Paris, France 12 Page 12 of 16
Present Principal Occupation or Employment, Including the Name (principal business) and Address (if Position with Compagnie different than Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer -------------------------- ------------------------- ----------- ----------------------------- II. Executive Officers (other than those who are also Directors) Jacques-Henri David French Directeur General c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Jean-Dominique Deschamps French Directeur General c/o Compagnie Generale des Eaux Adjoint 52 Rue d'Anjou 75384 Paris, France Bernard Forterre French Directeur General c/o Compagnie Generale Adjoint des Eaux 52 Rue d'Anjou 75384 Paris, France Jean-Pierre Quinio French Directeur General Adjoint c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Michel Sage French Directeur General Adjoint c/o Compagnie Generale des Eaux 52 Rue d' Anjou 75384, Paris, France Jean-Marc Oury French Directeur de la Compagnie c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Henri Proglio French Directeur de la Compagnie c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France 13 Page 13 of 16
Present Principal Occupation or Employment, Including the Name (principal business) and Address (if Position with Compagnie different than Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer -------------------------- ------------------------- ----------- ----------------------------- Pierre Schulhof French Directeur de la Compagnie c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Jean-Pierre Tardieu French Directeur de la Compagnie c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Antoine Zacharias French Directeur de la Compagnie c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Andre Morange French Directeur de la Compagnie c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Alain Bravo French Directeur de la Compagnie c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Michel Villaneau French Directeur de la Compagnie c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Jean-Marc Espalioux French Directeur Financier de la Compagnie c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Christian Castaignet French Directeur du Personnel c/o Compagnie Generale des Eaux 52 Rue d'Anjou 75384 Paris, France 14 Page 14 of 16
Present Principal Occupation or Employment, Including the Name (principal business) and Address (if Position with Compagnie different than Generale Des Eaux Name and Business Address Citizenship Business Address) of Employer -------------------------- ------------------------- ----------- ----------------------------- Etienne Mallet French Directeur de la Communication et des c/o Compagnie Generale Relations Exterieures des Eaux 52 Rue d'Anjou 75384 Paris, France Bernard Portnoi French Directeur Juridique et c/o Compagnie Generale Directeur des Services des Eaux Administratifs de la Compagnie 52 Rue d'Anjou 75384 Paris, France 15 Directors and Executive Officers of Anjou International Company Page 15 of 16
Present Principal Occupation or Employment, Including the Name (principal business) and Address (if Position with Anjou different than International Company Name and Business Address Citizenship Business Address) of Employer --------------------- ------------------------- ----------- ----------------------------- I. Directors --------- Chairman of the Board Guy Dejouany French Chairman of the Board and Chief c/o Compagnie Generale Executive Officer of Compagnie des Eaux Generale des Eaux 52 Rue d'Anjou 75384 Paris, France Director Jean-Dominique Deschamps French Directeur General Adjoint of c/o Compagnie Generale Compagnie Generale des Eaux des Eaux 52 Rue d'Anjou 75384 Paris, France Director Bernard Forterre French Directeur General Adjoint of c/o Compagnie Generale Compagnie Generale des Eaux des Eaux 52 Rue d'Anjou 75384 Paris, France Director Claudio Elia French President and CEO of Anjou c/o Anjou International Company International Company 1105 North Market Street Suite 1300 P.O. Box 8985 Wilmington, Delaware 19899 II. Executive Officers ------------------ (other than those who are also directors) John T. Kelly USA Vice President - Finance and c/o Anjou International Company Administration 1105 North Market Street Suite 1300 P.O Box 8985 Wilmington, Delaware 19899 16 Page 16 of 16
Present Principal Occupation or Employment, Including the Name (principal business) and Address (if Position with Anjou different than International Company Name and Business Address Citizenship Business Address) of Employer --------------------- ------------------------- ----------- ----------------------------- Christian G. Farman USA Vice President and Controller c/o Anjou International Company 1105 North Market Street Suite 1300 P.O Box 8985 Wilmington, Delaware 19899