M/14/014 – Standard Life / Ignis

Transaction details

The proposed acquisition by Standard Life Investments (Holdings) Limited of the entire issued share capital of Ignis Asset Management Limited has been cleared by the Competition Authority.

Notification date Decision date
Thursday April 17, 2014 Thursday, May 15, 2014
Parties Involved Business activities
Standard Life Investments (Holdings) Limited

"Standard Life is involved in the provision of the following types of long-term investment services to customers worldwide: (i) Investment / asset management services for corporate and retail customers; (ii) Savings, investment and pensions services for retail customers; and (iii) Pensions and corporate benefits services for corporate customers. "

Ignis Asset Management Limited

Ignis provides investment / asset management services to Phoenix Group Holdings life companies as well as to third party clients, including both retail and institutional investors in the UK and overseas.

Economic sector Media merger
Both parties provide asset management services. No
Submissions from third parties due by:
Phase 1 Phase 2
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Barry O'Donnell

Tel: 01-804 5396, e-mail: bod@tca.ie

Media enquiries: MKC Communications: 01 7038600

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