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 notified to the Competition and Consumer Protection Commission.

Notification date Decision date
Wednesday August 18, 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: Active
Preliminary investigation (Phase 1)
Authorised Officer Assigned Contact Details
Tiernan Shaw

tiernanshaw@ccpc.ie

Cathal Hanley

cathalhanley@ccpc.ie

Media enquiries: communications@ccpc.ie

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