Press release regarding the meeting of the Competition Council Section – held on Friday, September 13, 2024

In accordance with the provisions of Article 38 of the internal regulations of the Competition Council, the Council Section held a meeting on Friday, September 13, 2024 at 10 a.m., under the chairmanship of Mr. Hassan Abouabdelmajid, Vice-President of the Competition Council, to examine the files submitted to it by the Council’s investigative services.

The Section then decided to authorize the following economic concentration operations:

– The acquisition by the company « Earth LuxCo, Sàrl » and the company « Ignis Energy Holdings, SL » of joint control of the company « Global Moraban SL »

– The exclusive takeover of the company « Akdital immo » by « Aradei Capital » through the acquisition of 49% of the share capital and related voting rights.