M/21/045 – ILHAWK/Ark Life
Transaction details
The proposed acquisition by ILHAWK Limited, a wholly owned subsidiary of Irish Life Group Limited, of the sole control of Ark Life Assurance Company DAC has been cleared by the Competition and Consumer Protection Commission.
Notification date |
Decision date |
Wednesday August 18, 2021 |
Friday, September 24, 2021 |
Parties Involved |
Business activities |
ILHAWK |
ILHAWK Limited is a wholly owned subsidiary of Irish Life Group Limited (“ILGL”), which in turn
is an indirect subsidiary of Great-West Lifeco Inc, which is an international financial services holding company with interests in life
insurance, health insurance, retirement and investment services, asset management, and
reinsurance business.
|
Ark Life |
Ark Life Assurance Company DAC manages a number of life insurance policies in the State.
|
Economic sector |
Media merger |
Finance and Insurance Services |
No |
Submissions from third parties due by: |
Phase 1 |
Phase 2 |
Tuesday, August 31, 2021 |
|
Current status: Completed |
Cleared (Phase 1) |
Authorised Officer Assigned |
Contact Details |
Tiernan Shaw |
tiernanshaw@ccpc.ie
|
Cathal Hanley |
cathalhanley@ccpc.ie
|
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