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General Electric/IFG Group

M/03/037

Completed

Transaction details

Proposal whereby GE Capital Woodchester Limited would acquire 50% of the issued share capital of each of IFG Investment and Mortgage Services Limited and IFG Mortgage and Assurance Services Limited from IFG Group Plc.
Case details
  • Notification date:5 December 2003
  • Publication date:5 December 2003
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Financial and insurance support - L.66
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 5 December, 2003 Notification received
  • Thursday, 18 December, 2003 Third party submission deadline
  • Monday, 5 January, 2004 Determination issued
Parties Involved

General Electric

Diversified industrial corporation active in fields such as aircraft engines, appliances, power systems, lighting, industrial systems, medical systems, plastics, speciality materials, broadcasting, financial services and transport systems.

 

IFG Group

Provides financial services, financial advisory and intermediary services in the UK and Ireland.

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