M/18/032 – Phoenix/SLAL
Transaction details
The proposed acquisition of sole control of Standard Life Assurance Limited (“SLAL”) by Phoenix Group Holdings (“Phoenix”), has been cleared by the Competition and Consumer Protection Commission.
| Notification date |
Decision date |
| Tuesday May 1, 2018 |
Monday, May 28, 2018 |
| Parties Involved |
Business activities |
| Phoenix Group Holdings |
Phoenix is a UK focused consolidator of closed life insurance funds.
|
| Standard Life Assurance Limited |
Standard Life Assurance Limited is a provider of long-term savings and investment products.
|
| Economic sector |
Media merger |
| Financial and Insurance Services |
No |
| Submissions from third parties due by: |
| Phase 1 |
Phase 2 |
| Tuesday, May 15, 2018 |
|
| Current status: Completed |
|
Preliminary investigation (Phase 1) |
| Authorised Officer Assigned |
Contact Details |
| Cathal Hanley |
Tel: (+353) 1 470 3681
e-mail: cathalhanley@ccpc.ie
|
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