Press release regarding the meeting of the Competition Council Section – held on Monday, May 20, 2024

In accordance with the provisions of Article 38 of the internal regulations of the Competition Council, the Council’s section held a meeting on Monday, May 20, 2024 at 12:30 pm, under the chairmanship of Mrs. Chaimae ABBOU, 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 economic concentration operations:

• The acquisition by the company “ADNOC Fertilizers – Sole Proprietorship, L.L.C” of the exclusive control of the company “Fertiglobe PLC.” through the acquisition of 50% of the share capital plus an additional share and associated voting rights;
• The Joint control acquisition of the company “Retail Holding SA” by the company “Holding Financière De Participations Et D’investissements” and the company “Financière Internationale”, alongside Best Financière Et Sanam Holding.