Press release regarding the meeting of the Competition Council Section – Held on Tuesday, May 6, 2025

In accordance with the provisions of Article 38 of the Internal Regulations of the Competition Council, the Council Section held a meeting on Tuesday, May 6, 2025 at 10:00 am, under the chairmanship of Mr. Hassan Abou Abdelmadjid, Vice-President of the Competition Council, to examine the files submitted to it by the Council’s investigative services.

The section decided to authorize the following three economic concentration operations:

• Joint control acquisition by the company “H&S Invest Holding SA” of the company “Global Infrastructure Development North Africa SARL” through the acquisition of a 33% stake in its share capital and related voting rights;
• Joint control acquisition by the company “CDG INVEST SA” of the company “ALHORA ALQABIDA SARL”, through the acquisition of 22% of the share capital and related voting rights, alongside its historical partners
• Exclusive control acquisition by the company “Ufipar SAS”, a subsidiary of LVMH MOËT HENNESSY LOUIS VUITTON SE (LVMH), of the entire share capital and voting rights of the company “Bey Médias SAS” and its subsidiaries.