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

Latest News

Logo
Press Releases
Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “Société Nouvelle des Minoteries Itrane” (SNDMI) of the business assets related to the operation of the milling activity, held by the company “Minoterie Itrane SA”
Logo
Press Releases
Press release from the Competition Council regarding the economic concentration project concerning the exclusive takeover of the company “Rotork plc” by the company “ABB Ltd”
Logo
Press Releases
Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “AfricInvest Small Cap Fund LLC” and the investment fund “Build-Up Fund” of joint control of the company “Urbagec SARLAU” alongside its historical shareholder, the company “MKM Capital SARLAU”
Logo
Press Releases
Press release from the Competition Council regarding the economic concentration project for the exclusive takeover by the company “Air France-KLM SA” of the company “SAS AB”, through the acquisition of an additional 40.6% of the share capital and related voting rights, alongside the Danish State (via the Ministry of Finance “MoF”) and other shareholders.
Logo
Press Releases
Press release from the Competition Council regarding the economic concentration project concerning the indirect exclusive takeover by the company “KONE Corporation” of the company “TK Elevator Topco GmbH”

In accordance with the provisions of Article 14 of Law 20-13 on the Competition Council, as amended and supplemented, the Permanent Commission of the Council held a meeting on Monday, June 12, 2023 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 investigating services.

At the beginning of its work, the Permanent Commission approved the minutes of its meeting held on June 9, 2023.
The Permanent Commission then decided to authorize the concentration operation concerning:

    • the exclusive takeover of the “Euro-African Water Company” by the company “Distra SA”. This authorization was granted subject to the effective implementation of the behavioral commitments proposed by the parties and made mandatory by the Competition Council.