Aviva/Probitas
Transaction details
The proposed acquisition by Aviva Insurance Limited, of the entire issued share capital, and thus sole control, of Probitas Holdings (Bermuda) Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:3 April 2024
- Publication date:3 April 2024
- Economic sector:Financial and insurance services - L
- Economic sub-sector:Insurance and pension services - L.65
- Outcome:Cleared
Documents
M.24.021 Merger AnnouncementPDF | 136 KBM.24.021 Merger Announcement PDF | 136 KB - Opens in new window
M.24.021 DeterminationPDF | 299 KBM.24.021 Determination PDF | 299 KB - Opens in new window
Timetable
Parties Involved
Aviva Plc
Aviva is a UK-listed company operating in the insurance sector. It provides a broad range of insurance, savings and investment products and other insurance and investment-related servicesProbitas
Probitas is active in the general insurance market, underwriting a range of risks on behalf of corporate clients including UK and international property, construction, casualty and financial lines of insurance, among others. It is headquartered in London and has offices in Manchester, Mexico City, Brussels and Sydney.Contacts
- Ciarán Dorrian ciarandorrian@ccpc.ie
