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Brief
Summary:
The Comisiu00f3n Nacional de Defensa de la Competencia (CNDC) and the Ministry of Economy approved 12 economic concentration operations in the first quarter of 2024 without any conditions. The approved operations include:
1. Facundo Agustu00edn Prado acquiring control of Bizland S.A.U.
2. Total Austral S.A. acquiring a 14% stake in the Aguada Pichana Este area.
3. YPF S.A. acquiring a 10% stake in the Aguada Pichana Oeste and Aguada de Castro areas.
4. Smurfit Kappa Group PLC acquiring control of Argencraft S.A.
5. Petrolera Aconcagua Energu00eda S.A. acquiring 100% of the concession for oil and gas exploration and production.
6. Alberto Daniel Pizzi acquiring control of various security companies.
7. Albaugh LLC acquiring control of Rotam de Argentina Agroquu00edmica S.R.L.
8. Pan American Energy S.L., Sucursal Argentina, acquiring a 15% stake in the Aguada Pichana Oeste and Aguada de Castro areas.
9. A group of individuals acquiring control of Fiplasto S.A.
10. Evonik Metilatos S.A. acquiring Novachem S.R.L.
11. Ulands S.A. (controlled by Unilever) acquiring a portion of a field in the province of Santa Fe.
12. Globant S.A. acquiring control of KTBO S.A.
The CNDC concluded that these operations do not generate concerns regarding competition in the affected markets and were approved accordingly.
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