sc13dza

0000893220-08-000227.txt : 20080205 0000893220-08-000227.hdr.sgml : 20080205 20080205165242 ACCESSION NUMBER: 0000893220-08-000227 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20080205 DATE AS OF CHANGE: 20080205 GROUP MEMBERS: SAP AG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BUSINESS OBJECTS S.A. CENTRAL INDEX KEY: 0000928753 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47759 FILM NUMBER: 08577563 BUSINESS ADDRESS: STREET 1: BUSINESS OBJECTS AMERICAS STREET 2: 3030 ORCHARD PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4089536000 MAIL ADDRESS: STREET 1: BUSINESS OBJECTS AMERICAS STREET 2: 3030 ORCHARD PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: BUSINESS OBJECTS SA DATE OF NAME CHANGE: 19940822 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SAP FRANCE S.A. CENTRAL INDEX KEY: 0001417318 IRS NUMBER: 000000000 STATE OF INCORPORATION: I0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 23 25 RUE DELARIVIERE LEFUOULLON STREET 2: LA DEFENSE 9 CITY: PARIS LA DEFENSE CEDEX STATE: I0 ZIP: 92064 BUSINESS PHONE: 33 1 44 45 20 00 MAIL ADDRESS: STREET 1: 23 25 RUE DELARIVIERE LEFUOULLON STREET 2: LA DEFENSE 9 CITY: PARIS LA DEFENSE CEDEX STATE: I0 ZIP: 92064 FORMER COMPANY: FORMER CONFORMED NAME: SAP FRANCE SA DATE OF NAME CHANGE: 20071102 SC 13D/A 1 w46733dasc13dza.htm SCHEDULE 13D, AMENDMENT NO. 1 BUSINESS OBJECTS S.A. sc13dza

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

(Amendment No. 1)

BUSINESS OBJECTS S.A.

(Name of Issuer)

Ordinary Shares, nominal value €0.10 per share and
American Depositary Shares (each representing one ordinary share)
(Title of Class of Securities)

F12338 103
12328X 107
(CUSIP Number)


Michael Junge		Copy to:
General Counsel SAP AG Dietmar-Hopp-Allee 16 69190 Walldorf Federal Republic of Germany +49 6227 74 7474		Eric S. Shube A. Peter Harwich Allen & Overy LLP 1221 Avenue of the Americas New York, New York 10020 USA +1-212-610-6300

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

February 5, 2008
(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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o .

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes).

TABLE OF CONTENTS


	ITEM 1. SECURITY AND ISSUER
	ITEM 4. PURPOSE OF TRANSACTION
	ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
	ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
SIGNATURES
Press Release, dated February 5, 2008
Joint Filing Statement


CUSIP Nos. F12338 103 (Ordinary Shares); 12328X 107 (American Depositary Shares)

NAMES OF REPORTING PERSONS*

SAP France S.A.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) o

(b) o

SEC USE ONLY

SOURCE OF FUNDS (See Instructions)

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of France

SOLE VOTING POWER

NUMBER OF

SHARED VOTING POWER

BENEFICIALLY

OWNED BY

101,242,865 (See Item 5)

EACH

SOLE DISPOSITIVE POWER

REPORTING

PERSON

WITH

SHARED DISPOSITIVE POWER

101,242,865 (See Item 5)

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

101,242,865 (See Item 5)

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

95.51%*

TYPE OF REPORTING PERSON (See Instructions)

* The calculation of the percentage is based on 103,252,489 shares (including shares represented by ADSs) issued and outstanding as of February 5, 2008, plus 2,739,998 shares that would be received upon conversion, exchange or exercise of the ORNANEs and warrants held by SAP France S.A.


CUSIP Nos. F12338 103 (Ordinary Shares); 12328X 107 (American Depositary Shares)

NAMES OF REPORTING PERSONS*

SAP AG

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) o

(b) o

SEC USE ONLY

SOURCE OF FUNDS (See Instructions)

WC; BK

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

CITIZENSHIP OR PLACE OF ORGANIZATION

Federal Republic of Germany

SOLE VOTING POWER

NUMBER OF

SHARED VOTING POWER

BENEFICIALLY

OWNED BY

101,242,865 (See Item 5)

EACH

SOLE DISPOSITIVE POWER

REPORTING

PERSON

WITH

SHARED DISPOSITIVE POWER

101,242,865 (See Item 5)

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

101,242,865 (See Item 5)

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

95.51%*

TYPE OF REPORTING PERSON (See Instructions)

ITEM 1. SECURITY AND ISSUER

This Amendment No. 1 to Schedule 13D (this “Amendment”) relates to the ordinary shares, nominal value €0.10 per share (“Shares”), of Business Objects S.A., a société anonyme organized under the laws of the Republic of France (“Business Objects”), as well as American depositary shares (“ADSs”) of Business Objects, each representing one ordinary share, the outstanding warrants to acquire Shares (“Warrants”) and the outstanding convertible bonds convertible or exchangeable into new or existing Shares (“ORNANEs”). The principal executive offices of Business Objects are located at 157-159 rue Anatole France, 92300 Levallois-Perret, France, and 3030 Orchard Parkway, San Jose, California. This Amendment is being filed by SAP France S.A. (“SAP France”) and SAP AG to amend their disclosure under Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which, in accordance with Instruction H of the General Instructions to Schedule TO, constituted part of their Schedule TO, initially filed on December 4, 2007, as amended, including Amendment No. 7 (the final amendment) filed on January 30, 2008 (the “Schedule TO”).

ITEM 4. PURPOSE OF TRANSACTION

On February 5, 2008 the French Autorité des marchés financiers (“AMF”) announced the final results of the U.S. and French tender offers (the “Offers”) previously described in the Schedule TO, including the results of the subsequent offering periods in both Offers. On February 5, 2008, SAP France, SAP AG and Business Objects issued a press release announcing these results, a copy of which is filed as Exhibit 1 to this Amendment and incorporated herein by reference in its entirety. SAP France now holds (i) 98,502,867 Business Objects shares,¹ representing 95.40% of the 103,252,489 Business Objects shares currently outstanding, including shares represented by ADSs, (ii) 10,651,156 ORNANEs, representing 99.77% of the 10,676,156 ORNANEs currently outstanding, and (iii) all 585,000 of the Warrants that were the subject of the Offers.

As the securities not tendered into the offers represent not more than 5% of the share capital (including outstanding shares and shares likely to result from the conversion of the Business Objects ORNANEs) or voting rights of Business Objects, SAP France will request the implementation of a squeeze-out of the shares and ORNANEs held by minority shareholders in accordance with French law. The AMF is expected to announce the date of implementation of such squeeze-out within the next several days. Trading of Business Objects securities on Euronext has been suspended, and Business Objects securities will be delisted from Euronext upon implementation of the squeeze-out. On the date of implementation of the squeeze-out, all remaining minority interests will cease to have an equity interest in Business Objects. As a result, SAP France will own 100% of the share capital and voting rights of Business Objects at the effective date of squeeze-out.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER


¹		Excluding 172,604 shares that were sold to SAP France prior to February 5, 2008 but that had not been delivered. Certain numbers herein differ from numbers given in the press release because certain shares were delivered to SAP France subsequent to February 4, 2008, the date of the AMF’s calculations.

(a) - (b) As described above, SAP France currently holds 98,502,867 shares and, in accordance with Rule 13d-1 under the Exchange Act, is deemed to beneficially own the 2,739,998 shares that would be received upon conversion, exchange or exercise of the ORNANEs and warrants it holds. SAP AG, by virtue of its ownership and control of SAP France, shares beneficial ownership of these shares. Thus, SAP France and SAP AG currently beneficially own an aggregate of 101,242,865 shares, representing 95.51% of the shares currently outstanding (after giving effect to the deemed conversion, exchange or exercise of the ORNANEs and warrants, representing 2,739,998 shares, held by SAP France).

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS


Exhibit No.		Description

99.1		Press release, dated February 5, 2008, of SAP France, SAP AG and Business Objects.

A		Joint Filing Statement

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.

Dated: February 5, 2008


SAP FRANCE S.A.
By:	/s/ MICHAEL PLOETNER*
	Name:	Michael Ploetner
	*By power of attorney

SAP AG
By:	/s/ MICHAEL PLOETNER*
	Name:	Michael Ploetner
	*By power of attorney

EX-99.1 2 w46733daexv99w1.htm PRESS RELEASE, DATED FEBRUARY 5, 2008 exv99w1

For Immediate Release
February 5, 2008

Final Results of SAP France’s Offer for Business Objects Securities

- After subsequent offering period, SAP France holds 95.35% of Business Objects -

- SAP France to proceed with squeeze-out; Business Objects to delist -

WALLDORF, Germany and PARIS, France – February 5, 2008 – SAP France S.A. (“SAP France”), SAP AG (NYSE: SAP) (“SAP”) and Business Objects S.A. (Nasdaq: BOBJ) (Euronext Paris ISIN code: FR0004026250 – BOB) (“Business Objects”) announce that the French Autorité des marchés financiers (“AMF”) today published the definitive results of SAP France’s offers for Business Objects after the subsequent offering period. These results indicate that during the subsequent offering period SAP France acquired a total of 5,786,569 Business Objects shares (including 274,907 shares that had not been delivered to SAP France as of February 4) through market purchases on Euronext pursuant to the decentralized part of the French offer and 2,925,140 Business Objects shares and 1,010 Business Objects bonds convertible or exchangeable into new or existing shares (“ORNANEs”) tendered into the centralized part of the French offer. Additionally, in the U.S. offer, SAP France acquired 2,323,359 Business Objects American depositary shares (“ADSs”). When combined with the Business Objects securities tendered into the offers during the initial offering periods, these results indicate that SAP France directly holds an aggregate of 95.35% of the outstanding Business Objects shares (including shares represented by ADSs but excluding the 274,907 shares that had not yet been delivered to SAP France as of February 4), 99.77% of the outstanding ORNANEs and 100% of the outstanding Business Objects warrants, and indirectly holds, through the inclusion of treasury shares held by Business Objects, 97.10% of outstanding Business Objects shares (including shares represented by ADSs).



*Final Results of SAP France’s Offer for Business Objects Securities*		Page 2

As the securities not tendered into the offers represent not more than 5% of the share capital (including outstanding shares and shares likely to result from the conversion of the Business Objects ORNANEs) or voting rights of Business Objects, SAP France will request the implementation of a squeeze-out of the shares and ORNANEs held by minority shareholders. The AMF is expected to announce the date of implementation of such squeeze-out within the next several days. Trading of Business Objects securities on Euronext has been suspended as of the publication by the AMF of the results of the subsequent offering period, and Business Objects securities will be delisted from Euronext upon implementation of the squeeze-out.

Business Objects also announces its intention to terminate voluntarily its listing of ADSs on the NASDAQ Global Select Market effective February 15, 2008 or shortly thereafter. Trading of Business Objects ADSs on NASDAQ will be suspended as of February 6, 2008. As previously disclosed, Business Objects plans to terminate the registration of its ordinary shares and ADSs under the Securities Exchange Act of 1934 if and when it becomes eligible to do so.

About SAP

SAP is the world’s leading provider of business software*. Today, more than 46,100 customers in more than 120 countries run SAP^® applications—from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver^® technology platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at <http://www.sap.com>)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

About Business Objects

Business Objects has been a pioneer in business intelligence (BI) since the dawn of the category. Today, as the world’s leading BI software company, Business Objects transforms the way the world works through intelligent information. The company helps illuminate understanding and decision-making at more than 45,000 organizations around the globe. Through a combination of innovative technology, global consulting and education services, and the industry’s strongest and most diverse partner network, Business Objects enables companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information.

Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company’s stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 — BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.

# # #

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP and/or Business Objects are intended to identify such forward-looking statements. SAP and/or Business Objects undertake no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The



*Final Results of SAP France’s Offer for Business Objects Securities*		Page 3

factors that could affect SAP’s and Business Objects’ future financial results are discussed more fully in SAP’s and Business Objects’ filings with the U.S. Securities and Exchange Commission (“SEC”), respectively, including SAP’s most recent Annual Report on Form 20-F filed with the SEC and Business Objects’ most recent Quarterly Report on Form 10-Q filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For more information, press only:
Christoph Liedtke, +49 6227 7-50383, christoph.liedtke@sap.com, CET
Frank Hartmann, +49 (6227) 7-42548, f.hartmann@sap.com, CET
Andy Kendzie, +1 202 312-3919, andy.kendzie@sap.com, EST

For more information, financial community only:
Stefan Gruber, +49 (6227) 7-44872, investor@sap.com, CET
Martin Cohen, +1 (212) 653-9619, investor@sap.com, EST

Business Objects Contact:
Edouard Lassalle
Investor Relations Director, Europe
Tel.: +33 1 41 25 24 33
edouard.lassalle@businessobjects.com

EX-99.A 3 w46733daexv99wa.htm JOINT FILING STATEMENT exv99wa

EXHIBIT A

JOINT FILING STATEMENT

We, the undersigned, hereby express our agreement that the attached Amendment No.1 to Schedule 13D is hereby filed on behalf of each of us.

Dated: February 5, 2008


SAP FRANCE S.A.
By:	/s/ MICHAEL PLOETNER*
	Name:	Michael Ploetner
	*By power of attorney

SAP AG
By:	/s/ MICHAEL PLOETNER*
	Name:	Michael Ploetner
	*By power of attorney

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