FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of July, 2002
Brazilian Distribution Company
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(Translation of Registrant's Name Into English)
Av. Brigadeiro Luiz Antonio,
3126 Sao Paulo, SP 01402-901
Brazil
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(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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[Grupo Pao De Acucar Logo omitted]
COMPANHIA BRASILEIRA DE DISTRIBUICAO (CBD)
PUBLIC ANNOUNCEMENT
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Sao Paulo, July 30, 2002 - COMPANHIA BRASILEIRA DE DISTRIBUICAO ("CBD") hereby
informs its stockholders and investors its position in relation to the
information that the Brazilian Secretariat of Economic Control ("SEAE")
requested to the Brazilian Administrative Council for Economic Defense ("CADE" -
the Brazilian antitrust authority) the temporary suspension, in a precautionary
basis, of the acquisition of the supermarket chain Se Supermercados by CBD.
Following the execution of the agreement relating to the acquisition of Se
Supermercados on June 30, 2002, between Jeronimo Martins and CBD, CBD
immediately initiated the process for the approval of the transaction, and on
July 18, 2002, all information and documents required in connection with the
analysis of the act of concentration were filed before CADE under No.
08012.004897/2002-93.
The submission of the transaction to CADE is mandatory and usual in transactions
of this nature, having a specific procedure, developed under separate phases,
among which is the analysis by SEAE. The aforementioned request for suspension
has not yet been analyzed by CADE, nor has CBD been officially informed of such
request for suspension. As a result, CBD has no knowledge of its content yet.
CBD strongly believes that this transaction will be approved by CADE, since
there is no excessive concentration in any of the relevant market sub-areas of
the State of Sao Paulo. It is important to observe that in the retail market of
the State of Sao Paulo there is a significant and strong competition among
globally-established, national and local competitors of strong market presence.
CBD hereby reinforces its commitment with its clients, stockholders and
investors to always improve its assistance to the general public, by offering
low prices and high-quality services, which have characterized the operation
policy of the Group.
Aymar Giglio Junior
Investors Relations Director
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COMPANHIA BRASILEIRA DE DISTRIBUICAO THOMSON FINANCIAL INVESTOR RELATIONS
Fernando Tracanella Doris Pompeu
Investor Relations Manager Phone: 55 (11) 3848 0887 ext.208
Phone: 55 (11) 3886 0421 E-mail: doris.pompeu@thomsonir.com.br
Fax: 55 (11) 3884 2677
Email: pa.relmerc@paodeacucar.com.br
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Website: http://www.grupopaodeacucar.com.br
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Statements included in this report regarding the Company's business outlook
and anticipated financial and operating results. regarding the Company's
growth potential. constitute forward-looking statements and are based on
management expectations regarding the future of the Company. These
expectations are highly dependent on changes in the market. general economic
performance of the home country. industry and international markets.
therefore they are subject to change.
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SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
COMPANHIA BRASILEIRA DE DISTRIBUICAO
Date: July 31, 2002 By: /s/ Augusto Marques da Cruz Filho
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Name: Augusto Marques da Cruz Filho
Title: Chief Financial Officer
By: /s/ Aymar Giglio Junior
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Name: Aymar Giglio Junior
Title: Investor Relations Officer