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In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the “summary of the operation” below, containing the information provided by the parties.
This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.
The publication of this press release does not confirm the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented.
Names of the companies and groups concerned:
- The acquirer: Company “UFIPAR SAS unipersonnelle”;
- The target: Assets and activities related to the publication “Paris Match”.
Nature of the operation
- Asset acquisition
Economic sectors concerned
- The sector of weekly news magazines on politics and general news.
Deadline for interested third parties to submit their observations
- 10 days from the date of publication of this press release, i.e. June 17, 2024.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council has received a notification regarding the acquisition project by the company “UFIPAR” (UFIPAR), a subsidiary of the company “LVMH Moët Hennessy Louis Vuitton SE” (LVMH) of all assets and activities related to the publication “Paris Match” (Paris Match).
“Paris Match” is a French weekly news magazine currently owned by the “Lagardère” group.
“UFIPAR” is a wholly-owned subsidiary of “LVMH Moët Hennessy Louis Vuitton SE” (LVMH SE), the holding company of the LVMH group, present in the luxury sector worldwide.
Done in Rabat on June 6, 2024.
