Economic concentration operations approved in the third quarter of 2023

Summary:

The document summaries the approvals granted by the competent authorities regarding various acquisitions and concentrations in the Argentine market. The Inicio Ministerio de Comercio approved the acquisition of Veolia Environnement S.A. by Veolia, which does not pose any concerns in terms of competition. Similarly, the acquisition of Cartellone Inversiones S.A.'s shares by ITC Fiduciaria S.A. was approved due to the absence of horizontal and vertical economic relationships. Trafigura Argentina S.A. and Vista Energy Argentina S.A.U. formed an association to develop unconventional oil exploitation in Neuquu00e9n province, which did not raise concerns about competition. Pampa Energu00eda S.A. acquired exclusive control of Greenwind S.A. and Vientos Solutions Argentina S.A., which may create an overlap in the provision of electric energy and installed power, but the Commission for the Defense of Competition approved the operation due to lack of concerns about competition. Pampa Energu00eda S.A. also acquired control of Pluspetrol S.A. and Autotrol Renovables S.A., which did not raise concerns about competition, and were approved by the National Commission for Competition Defence (CNDC) via Resolutions SC Nu00b0 1621 and SC Nu00b0 1622, respectively.