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 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201csummary of the transaction\u201d below, containing the information provided by the parties.<\/p>\n
This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed transaction.<\/p>\n
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 issued for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented.<\/p>\n
Names of the companies and groups concerned:<\/strong><\/p>\n Nature of the transaction<\/strong><\/p>\n Economic sectors concerned<\/strong><\/p>\n Deadline for interested third parties to submit their observations<\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE TRANSACTION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council received notification of an economic concentration operation concerning the exclusive takeover by the company \u201cFidis SPA\u201d of the company \u201cAxa Cr\u00e9dit SA\u201d, through the acquisition of 80% of its share capital and voting rights.<\/p>\n \u201cFidis SPA\u201d is an Italian joint-stock company indirectly owned 100% by \u201cStellantis NV\u201d through \u201cStellantis Europe SPA\u201d. \u201cStellantis NV\u201d is a Dutch legal entity and the parent company of the \u201cStellantis\u201d group, acting as a holding entity. \u201cFidis SPA\u201d and its subsidiaries provide financial services to players in the automotive sector (suppliers, dealers, and end customers).<\/p>\n \u201cAxa Cr\u00e9dit SA\u201d is a Moroccan joint-stock company, specializing in consumer credit and the distribution of insurance products. The company is 99.96% owned by the Moroccan joint-stock companies \u201cAxa Assurance Maroc SA\u201d and \u201cAxa Holding Maroc SA\u201d. The latter is the parent company of \u201cAXA Assurance Maroc SA\u201d.<\/p>\n <\/p>\n Done in Rabat on April 10, 2025.<\/p>\n","protected":false},"excerpt":{"rendered":" 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 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201csummary of the transaction\u201d below, containing the information provided by the parties. This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed transaction. 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 issued 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: \u201cFidis SPA\u201d; The target: \u201cAxa Cr\u00e9dit SA\u201d. Nature of the transaction Acquisition of exclusive control. Economic sectors concerned Consumer credit. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e., April 23, 2025. NON-CONFIDENTIAL SUMMARY OF THE TRANSACTION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration operation concerning the exclusive takeover by the company \u201cFidis SPA\u201d of the company \u201cAxa Cr\u00e9dit SA\u201d, through the acquisition of 80% of its share capital and voting rights. \u201cFidis SPA\u201d is an Italian joint-stock company indirectly owned 100% by \u201cStellantis NV\u201d through \u201cStellantis Europe SPA\u201d. \u201cStellantis NV\u201d is a Dutch legal entity and the parent company of the \u201cStellantis\u201d group, acting as a holding entity. \u201cFidis SPA\u201d and its subsidiaries provide financial services to players in the automotive sector (suppliers, dealers, and end customers). \u201cAxa Cr\u00e9dit SA\u201d is a Moroccan joint-stock company, specializing in consumer credit and the distribution of insurance products. The company is 99.96% owned by the Moroccan joint-stock companies \u201cAxa Assurance Maroc SA\u201d and \u201cAxa Holding Maroc SA\u201d. The latter is the parent company of \u201cAXA Assurance Maroc SA\u201d. Done in Rabat on April 10, 2025.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-39788","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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