M/20/008 – Kiwi/IPSI
Transaction details
The proposed acquisition of sole control of Irish Progressive Services International Limited by Kiwi Holdco (the parent company of the FNZ Group) has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday March 9, 2020 | Friday, April 17, 2020 |
| Parties Involved | Business activities |
|---|---|
| The FNZ Group | FNZ is a global financial technology and administration services firm. Its customers are financial institutions that provide wealth management platform services to their clients across direct, intermediated and workplace channels. |
| Irish Progressive Services International Limited | IPSI is a provider of third party administration services to the European and global life and pensions industry. IPSI is a wholly-owned subsidiary of Irish Life. |
| Economic sector | Media merger |
|---|---|
| Financial services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, March 24, 2020 | |
| Current status: Completed |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Cathal Hanley | Telephone: +353 1 470 3681 |
Media enquiries: communications@ccpc.ie
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