AIG/Avondhu (Laya Healthcare)
Transaction details
The proposed acquisition by American International Group Inc., through a wholly-owned indirect subsidiary, AIG Europe Holdings Limited, of the entire issued share capital of Avondhu Limited and thus sole control of its subsidiaries, Laya Healthcare Limited and Laya Sevices Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:4 February 2015
- Publication date:4 February 2015
- Economic sector:Financial and insurance services - L
- Economic sub-sector:Insurance and pension services - L.65
- Outcome:Cleared
Documents
M.15.005 Merger AnnouncementPDF | 103 KBM.15.005 Merger Announcement PDF | 103 KB - Opens in new window
M.15.005 DeterminationPDF | 199 KBM.15.005 Determination PDF | 199 KB - Opens in new window
Timetable
Parties Involved
AIG Inc
AIG is an international insurance corporation which specialises in the provision of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to business and non-business customers in more than 130 countries.
Avondhu Limited
Avondhu Limited is a holding company for 100% of the share capital of Laya Healthcare Limited. Laya Healthcare provides a range of insurance products in the Irish market.
Contacts
