Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company ‘Ufipar SAS’ of the exclusive control of the company ‘Bey Médias SAS’ and its subsidiaries, through the acquisition of all its share capital and associated voting rights.

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 party, which is solely responsible. 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 attest to 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: The company ‘Ufipar SAS’;
• The target: The company ‘Bey Médias SAS’ and its subsidiaries.

Nature of the operation

• Acquisition of exclusive control.

Economic sectors concerned

• The daily press market.

Deadline for interested third parties to submit their observations

• 10 days from the date of publication of this press release, i.e. May 7, 2025.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration operation consisting of the acquisition of exclusive control by the company ‘Ufipar SAS’ of the company ‘Bey Médias SAS’ and its subsidiaries (the ‘Target Group’), through the acquisition of all its share capital and associated voting rights.

‘Ufipar SAS’ is a simplified joint-stock company under French law. It is a wholly-owned subsidiary of LVMH Moët Hennessy Louis Vuitton (‘LVMH’), the holding company of the LVMH group, present in the luxury sector worldwide.

‘Bey Médias SAS’ is a simplified joint-stock company under French law. The Target Group is active in the production of information and editorial content, the direct or indirect exploitation of these contents, and their dissemination to the public, in all forms, through all means of distribution and on all media. More specifically, the Target Group operates two press titles specialized in the economy and finance, namely AGEFI and l’Opinion.

 

Done in Rabat, April 25, 2025.