UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

 

Amendment No. 8

to

Schedule TO

Tender Offer Statement under Section 14(d)(1)
Or 13(e)(1) of The Securities Exchange Act of 1934

 

 

FOSTER WHEELER AG

(Name of Subject Company (Issuer))

 

 

AMEC INTERNATIONAL INVESTMENTS BV

Amec Foster Wheeler plc

(formerly AMEC plc)

(Name of Filing Persons (Offerors))

 

 

Registered shares, par value CHF3.00 per share

(Title of Class of Securities)

 

H27178104

(CUSIP Number of Class of Securities)

 

Alison Yapp

General Counsel & Company Secretary

AMEC plc

4th Floor

Old Change House

128 Queen Victoria Street

London EC4V 4BJ

United Kingdom

+44 (0) 20 7429 7500

with copies to

 

Thomas B. Shropshire Jr.

Linklaters LLP

One Silk Street

London EC2Y 8HQ

United Kingdom

+44 (0) 20 7456 2000

 

Scott Sonnenblick

Peter Cohen-Millstein

Linklaters LLP

1345 Avenue of the

Americas

New York, NY 10105

United States

 +1 (212) 903 9000

 

Doug Smith

Freshfields Bruckhaus

Deringer LLP

65 Fleet Street

London EC4Y 1HT

United Kingdom

+44 (0) 20 7936 4000

 

Matthew F. Herman

Freshfields Bruckhaus

Deringer US LLP

601 Lexington Avenue

New York, NY 10022

United States

 +1 (212) 277 4000

(Name, Addresses and Telephone Numbers of Persons Authorized to Receive Notices and Communications on
Behalf of Filing Persons)

 

Calculation of Registration Fee

 

Transaction Valuation(1)

 

Amount of Registration Fee(2)

 

$3,093,917,841

 

$177,386

 

 

Notes:

 

(1)             Estimated for purposes of calculating the amount of the filing fee only. The market value of the securities to be offered was calculated as the product of (i) 100,126,791 Foster Wheeler shares, par value CHF3.00 per share and (ii) the average of the high and low sales prices of Foster Wheeler registered shares reported on NASDAQ on 2 October 2014 equal to $30.90.

 

(2)             The amount of the filing fee, calculated in accordance with Rule 0-11(d) of the Securities Exchange Act of 1934, equals .0001162 of the transaction valuation.

 

x               Check box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid.

 

Identify the previous filing by registration statement number, or the form or schedule and the date of its filing.

 

Amount Previously Paid: $182,127

 

Form or Registration No: Form F-4 (No: 333-199116)

 

Filing Party: AMEC plc

 

Date Filed: October 2, 2014

 

o                 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.

 

o                 issuer tender offer subject to Rule 13e-4.

 

o                 going-private transaction subject to Rule 13e-3.

 

o                 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:  x

 

If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:

 

o                 Rule 13e—4(i) (Cross—Border Issuer Tender Offer)

 

o                 Rule 14d—1(d) (Cross—Border Third—Party Tender Offer)

 

This Amendment No. 8 amends Items 3, 4, 6, 8 and 12 (but no other items) of the Tender Offer Statement on Schedule TO (the “Schedule TO”) originally filed on 7 October 2014, as subsequently amended from time to time, by AMEC International Investments BV, a company organised under the laws of the Netherlands and a direct wholly-owned subsidiary of AMEC plc, and AMEC plc, a company organised under the laws of England and Wales (“AMEC”). The Schedule TO relates to the third party tender offer (the “Offer”) to acquire all of the issued and to be issued registered shares, par value CHF3.00 per share (“Foster Wheeler shares”), of Foster Wheeler AG (“Foster Wheeler”), a company organised under the laws of Switzerland, for $16.00 in cash and 0.8998 AMEC securities (in the form of ordinary shares of AMEC, nominal value £0.50 per share (“AMEC shares”), or AMEC American depositary shares each representing one (1) AMEC share (“AMEC ADSs”), at the election of Foster Wheeler shareholders) for each Foster Wheeler share validly tendered and not properly withdrawn, which tendering Foster Wheeler shareholders may elect to receive as (i) $32.00 in cash or (ii) 1.7996 AMEC securities (in the form of AMEC shares or AMEC ADSs, at the election of the Foster Wheeler shareholders), subject in each case to proration. The Offer is being made on the terms and subject to the conditions set forth in the prospectus forming part of the registration statement on Form F-4, file number 333-199116, as amended and/or supplemented (the “Prospectus”), which became effective on 6 October 2014, and the related letter of transmittal for use in accepting the Offer in respect of Foster Wheeler shares, as amended and/or supplemented (the “Letter of Transmittal”) and notice of guaranteed delivery (Foster Wheeler Shares), as amended and/or supplemented (the “Notice of Guaranteed Delivery”), which are incorporated herein by reference.

 

Except as otherwise set forth in this Amendment No. 8, the information set forth in the Schedule TO remains unchanged and is incorporated herein by reference to the extent relevant to the items in this Amendment No. 8. Unless otherwise defined herein, capitalised terms used in this Amendment No. 8 shall have the meanings given to them in the Prospectus.

 

ITEM 3

 

Item 3 is amended and supplemented as follows:

 

On 13 November 2014, AMEC made the necessary filings to change its name to Amec Foster Wheeler plc (“Amec Foster Wheeler”) . Amec Foster Wheeler shares will continue to be traded on the London Stock Exchange and its ticker will change from “AMEC” to “AMFW”.

 

ITEMS 4, 6 AND 8

 

Items 4, 6 and 8 are amended and supplemented as follows:

 

The Offer expired at 11:59 p.m. New York City time on 12 November 2014 (4:59 a.m. London time on 13 November 2014; 5:59 a.m. Zug time on 13 November 2014). American Stock Transfer & Trust Company LLC, the exchange agent for the Offer, has indicated that as at 11:59 p.m. New York City time on 12 November 2014 (4:59 a.m. London time on 13 November 2014; 5:59 a.m. Zug time on 13 November 2014), approximately 99,164,451 Foster Wheeler shares (including 9,557,671 Foster Wheeler shares subject to notices of guaranteed delivery) have been validly tendered into, and not withdrawn from, the Offer, representing approximately 99.03 per cent. of the outstanding Foster Wheeler shares. Approximately 93,098,874 Foster Wheeler shares tendered have elected to receive the cash consideration and approximately 6,065,576 Foster Wheeler shares tendered have elected to receive the securities consideration, of which 27,425 Foster Wheeler shares have elected to receive Amec Foster Wheeler shares and 6,038,151 Foster Wheeler shares have elected to receive Amec Foster Wheeler ADSs. Based on this preliminary count, a proration percentage of approximately 54 per cent. is expected to be applied to the cash consideration in accordance with the terms and conditions of the Offer. AMEC and AMEC International Investments BV will announce the final proration results once the proration procedures have been agreed with Foster Wheeler in accordance with the terms of the Implementation Agreement and the proration calculation has been completed by the exchange agent. Payment of the Offer consideration, subject to proration, will take place as soon as reasonably practicable but is expected to be no later than 24 November 2014.

 

As disclosed in the Offer documents, AMEC intends to complete the acquisition of Foster Wheeler by effecting a squeeze-out merger pursuant to article 8, paragraph 2 and article 18, paragraph 5 of the Swiss Merger Act (the “Squeeze-Out Merger”) and expects that any Foster Wheeler shareholders who have not tendered into the Offer and who are to be subject to the Squeeze-Out Merger will be compensated on the same terms as the Offer. As further disclosed in the Offer documents, AMEC may pursue any legally available method to acquire or control, directly or indirectly, 100 per cent. of the issued Foster Wheeler voting rights.

 

Foster Wheeler also announced today that it intends to voluntarily delist the Foster Wheeler shares from the NASDAQ Global Select Market and, provided that the requirements for deregistration are met, in due course, that it intends to subsequently deregister the Foster Wheeler shares under the Securities Exchange Act of 1934 (the “Exchange Act”). Foster Wheeler also intends to suspend its reporting obligations under the Exchange Act once it is eligible to do so.

 

The full text of the press release issued by AMEC announcing the completion of the Offer is attached hereto as Exhibit (a)(5)(ix) and is incorporated herein by reference.

 

 

 


 

ITEM 12.  EXHIBITS

 

Item 12 of the Schedule TO is hereby amended as follows:

 

(a)(5)(ix)

 

Press release issued by AMEC on 13 November 2014 announcing the completion of the Offer (incorporated by reference to the filing made by AMEC on 13 November 2014 pursuant to Rule 425 under the Securities Act of 1933, as amended).

 

2


 

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.

 

 

AMEC International Investments BV

 

 

 

 

By:

/s/ Ian McHoul

 

 

Name:

Ian McHoul

 

 

Title:

Director

 

 

Date:

13 November 2014

 

 

 

 

 

 

 

By:

/s/ Alan Dick

 

 

Name:

Alan Dick

 

 

Title:

Director

 

 

Date:

13 November 2014

 

 

 

 

 

 

 

By:

/s/ Gert Stam

 

 

Name:

Gert Stam

 

 

Title:

Director

 

 

Date:

13 November 2014

 

 

 

 

 

 

By:

/s/ Dilian Jansen

 

 

Name:

Dilian Jansen

 

 

Title:

Director

 

 

Date:

13 November 2014

 

 

 

 

 

Amec Foster Wheeler plc

 

 

 

 

By:

/s/ Ian McHoul

 

 

Name:

Ian McHoul

 

 

Title:

Chief Financial Officer

 

 

Date:

13 November 2014

 

 

3


 

Exhibit Index

 

(a)(1)(i)

 

Form of Letter of Transmittal (Foster Wheeler shares) (incorporated herein by reference to Exhibit 99.1 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(a)(1)(ii)

 

Notice of Guaranteed Delivery (Foster Wheeler shares) (incorporated herein by reference to Exhibit 99.2 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(a)(1)(iii)

 

Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees (Foster Wheeler shares) (incorporated herein by reference to Exhibit 99.3 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(a)(1)(iv)

 

Letter from Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees to Clients (Foster Wheeler shares) (incorporated herein by reference to Exhibit 99.4 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

(a)(2)(i)

 

Recommendation Statement of Foster Wheeler’s Board of Directors (incorporated herein by reference to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(a)(2)(ii)

 

Solicitation/Recommendation Statement of Foster Wheeler’s Board of Directors (incorporated herein by reference to the Amendment No. 1 to Schedule 14D-9 filed by Foster Wheeler on 23 October 2014).

 

(a)(4)(i)

 

Prospectus dated 7 October 2014 (incorporated herein by reference to the Prospectus filed by AMEC on 6 October 2014 pursuant to Rule 424(b)(3) under the Securities Act of 1933, as amended).

 

 

 

(a)(5)(i)

 

Summary advertisement in The New York Times dated 7 October 2014.*

 

 

 

(a)(5)(ii)

 

Update of the AMEC Chief Executive posted to AMECnet and AMEC and Foster Wheeler’s common site.*

 

 

 

(a)(5)(iii)

 

Email from AMEC’S registrars to AMEC shareholders mailed on 13 October 2014 (incorporated by reference to the filing made by AMEC on 13 October 2014 pursuant to Rule 425 under the Securities Act of 1933, as amended).

 

 

 

(a)(5)(iv)

 

Screenshot of a notice to Foster Wheeler shareholders posted on AMEC’s website (www.amec.com) on 13 October 2014 (incorporated by reference to the filing made by AMEC on 13 October 2014 pursuant to Rule 425 under the Securities Act of 1933, as amended).

 

 

 

(a)(5)(v)

 

Update of the AMEC Chief Executive posted to AMECnet and AMEC’s and Foster Wheeler’s common site on 17 October 2014 (incorporated by reference to the filing made by AMEC on 17 October 2014 pursuant to Rule 425 under the Securities Act of 1933, as amended).

 

 

 

(a)(5)(vi)

 

Speech given by the AMEC Chief Executive at the annual AMEC reception at the House of Lords on 4 November 2014 (incorporated by reference to the filing made by AMEC on 4 November 2014 pursuant to Rule 425 under the Securities Act of 1933, as amended).

 

 

 

(a)(5)(vii)

 

Press release issued by AMEC on 5 November 2014 announcing the extension of the Offer (incorporated by reference to the filing made by AMEC on 5 November 2014 pursuant to Rule 425 under the Securities Act of 1933, as amended).

 

(a)(5)(viii)

 

Press release issued by AMEC on 10 November 2014 announcing the publication of the supplementary prospectus (incorporated by reference to the filing made by AMEC on 10 November 2014 pursuant to Rule 425 under the Securities Act of 1933, as amended).

 

(a)(5)(ix)

 

Press release issued by AMEC on 13 November 2014 announcing the completion of the Offer (incorporated by reference to the filing made by AMEC on 13 November 2014 pursuant to Rule 425 under the Securities Act of 1933, as amended).

 

(b)(1)

 

Credit Facilities Agreement, dated 13 February 2014, between, among others, AMEC plc, and Bank of America Merrill Lynch International Limited, as Global Co-ordinator, Bank of America Merrill Lynch International Limited, Barclays Bank PLC, The Bank of Tokyo Mitsubishi UFJ, Ltd. and The Royal Bank of Scotland plc, as original mandated lead arrangers, and Bank of America Merrill Lynch International Limited, as facility agent (incorporated herein by reference to Exhibit 10.1 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(b)(2)

 

Global Transfer and Amendment Agreement, dated 28 March 2014, relating to the Credit Facilities Agreement, dated 13 February 2014 (incorporated herein by reference to Exhibit 10.2 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(b)(3)

 

Amendment and Restatement Agreement, dated 14 July 2014, relating to a US$2,160,000,000 Credit Facilities Agreement, dated 13 February 2014 (as amended on 28 March 2014) (incorporated herein by reference to Exhibit 10.19 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(b)(4)

 

Credit Facilities Agreement, dated 13 February 2014 (as amended on 28 March 2014 and as amended and restated on 14 July 2014) (incorporated herein by reference to Exhibit 10.20 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(1)

 

Implementation Agreement, dated 13 February 2014, between AMEC and Foster Wheeler (incorporated herein by reference to Exhibit 2.1 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(2)

 

Letter agreement, dated 28 March 2014, between AMEC and Foster Wheeler (incorporated herein by reference to Exhibit 2.2 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(3)

 

Deed of Amendment, dated 28 May 2014, between AMEC and Foster Wheeler (incorporated herein by reference to Exhibit 2.3 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

4


 

(d)(4)

 

Deed of Amendment, dated 2 October 2014, between AMEC and Foster Wheeler (incorporated herein by reference to Exhibit 2.4 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(5)

 

Mandate Agreement between AMEC and J. Kent Masters, dated 2 October 2014 (incorporated herein by reference to Exhibit 10.26 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(6)

 

Mandate Agreement between AMEC and Stephanie Newby, dated 2 October 2014 (incorporated herein by reference to Exhibit 10.27 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(7)

 

J. Kent Masters Letter of Appointment, dated 2 October 2014 (incorporated herein by reference to Exhibit 10.21 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(8)

 

Stephanie Newby Letter of Appointment, dated 2 October 2014 (incorporated herein by reference to Exhibit 10.22 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(9)

 

Settlement Agreement between AMEC and J. Kent Masters, dated 2 October 2014 (incorporated herein by reference to Exhibit 10.23 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(10)

 

Confidentiality Agreement between AMEC and Foster Wheeler, dated 26 August 2013 (incorporated herein by reference to Exhibit 10.24 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(d)(11)

 

Non-Solicitation Agreement between AMEC and Foster Wheeler, dated 12 January 2014 (incorporated herein by reference to Exhibit 10.25 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

(g)(1)(i)

 

Questions and Answers Script for the AMEC F-4 and UK prospectus/circular, dated 7 October 2014 (incorporated by reference to AMEC’s filing with the Securities and Exchange Commission on 6 October 2014 pursuant to Rule 425).

 

 

 

(g)(1)(ii)

 

AMEC Chairman’s Script for the General Meeting, dated 23 October 2014 (incorporated herein by reference to AMEC’s filing with the Securities and Exchange Commission on 23 October 2014 pursuant to Rule 425).

 

 

 

(g)(1)(iii)

 

Voting results of AMEC’s General Meeting held on 23 October 2014 and posted to the Investor Section of AMEC’s website, www.amec.com, on 24 October 2014 (incorporated herein by reference to AMEC’s filing with the Securities and Exchange Commission on 24 October 2014 pursuant to Rule 425).

 

(h)(1)

 

Opinion of Linklaters LLP regarding certain US federal income tax matters (incorporated herein by reference to Exhibit 8.1 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(h)(2)

 

Opinion of Linklaters LLP regarding certain UK tax matters (incorporated herein by reference to Exhibit 8.2 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

 

 

(h)(3)

 

Opinion of Homburger AG regarding certain Swiss tax matters (incorporated herein by reference to Exhibit 8.3 to the Registration Statement on Form F-4 filed by AMEC on 2 October 2014).

 

* Previously filed on 7 October 2014.

 

5

Foster Wheeler (NASDAQ:FWLT)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos Foster Wheeler.
Foster Wheeler (NASDAQ:FWLT)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos Foster Wheeler.