M/18/002 Aviva/Friends First
Transaction details
The proposed acquisition by Aviva Group Holdings Limited of Friends First Life Assurance Company DAC has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday January 12, 2018 | Tuesday, February 20, 2018 |
| Parties Involved | Business activities |
|---|---|
| Friends First Life Assurance DAC | Friends First provides life insurance products and services in the State. Friends First is ultimately owned by the Dutch mutual insurance group Achmea. |
| Aviva Group Holdings Limited | Aviva Group provides life assurance, general insurance and fund/asset management products and services across Europe, Asia and North America. Aviva Group is ultimately owned by Aviva plc, a public limited company, listed on the London Stock Exchange. |
| Economic sector | Media merger |
|---|---|
| Financial and Insurance Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, January 26, 2018 | |
| Current status: Completed |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Cathal Hanley | Tel: 01 470 3681 |
Media enquiries: doireannsweeney@ccpc.ie
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555