M/14/014 – Standard Life / Ignis
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|
Tel: 01-804 5396, e-mail: firstname.lastname@example.org
Media enquiries: MKC Communications: 01 7038600