M/24/021 – Aviva/Probitas
Transaction details
The proposed acquisition by Aviva Insurance Limited, of the entire issued share capital, and thus sole control, of Probitas Holdings (Bermuda) Limited from Saudi Reinsurance Company and Probitas’ management sellers, has been notified to the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Thursday April 4, 2024 | |
| Parties Involved | Business activities |
|---|---|
| Aviva Plc | Aviva is a UK-listed company operating in the insurance sector. It provides a broad range of |
| Probitas | Probitas is active in the general insurance market, underwriting a range of risks on |
| Economic sector | Media merger |
|---|---|
| Insurance | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, April 22, 2024 | |
| Current status: Active |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Ciarán Dorrian | ciarandorrian@ccpc.ie |
Media enquiries: communications@ccpc.ie
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