Press release regarding the meeting of the Permanent Commission of the Competition Council

In accordance with the provisions of Article 14 of Law 20-13 concerning the Competition Council, the Permanent Commission of the council held a meeting on Monday, October 22, 2021 at 09:30, under the chairmanship of Mr. Ahmed Rahhou, President of the Competition Council, to examine the files submitted to it by the Council’s investigation services.

At the beginning of its work, the Permanent Commission approved the minutes of its meeting held on November 15, 2021.

The Permanent Commission then decided to authorize the following economic concentration operations:

• • • • Indirect acquisition of the company « Baxter International Inc » of all the shares of « Hill Rom Holdings ».
      • Acquisition of the company « Magna International Inc » through its indirect subsidiary « Magna Automotive Europe GmbH », of 100% of the share capital of the company « Klein Automotive s.r.o. » held by « K-Invest uzavřený investiční fond, a.s. ».
      • The exclusive control of the company « Akdital Immo SA » by the company « Aradei Capital SA », through the acquisition by the latter of 51% of the share capital and voting rights of the former.