Skip to Content

AIB/Ark Life

M/12/025

Completed

Transaction details

The proposed acquisition of the entire issue share capital of Ark Life Assurance Limited by Allied Irish Banks plc has been cleared by the Competition Authority.
Case details
  • Notification date:23 November 2012
  • Publication date:23 November 2012
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Insurance and pension services - L.65
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 23 November, 2012 Notification received
  • Thursday, 6 December, 2012 Third party submission deadline
  • Wednesday, 19 December, 2012 Determination issued
Parties Involved

Allied Irish Bank plc

AIB offers goods and services in the commercial and personal banking sector, both worldwide and in the State.

 

Ark Life Assurance Company Limited

Ark Life's activities are limited to the management of its closed book of life insurance funds.
View all mergers