Irish Life/Invesco
Transaction details
The proposed acquisition by Irish Life Group Limited of sole control of Invesco Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:7 May 2018
- Publication date:7 May 2018
- Economic sector:Financial and insurance services - L
- Economic sub-sector:Financial and insurance support - L.66
- Outcome:Cleared
Documents
M.18.035 Merger AnnouncementPDF | 131 KBM.18.035 Merger Announcement PDF | 131 KB - Opens in new window
M.18.035 DeterminationPDF | 377 KBM.18.035 Determination PDF | 377 KB - Opens in new window
Timetable
Parties Involved
Irish Life Group Limited
Irish Life Group Limited is a wholly owned indirect subsidiary of Great-West Lifeco, which is an international financial services company. Irish Life Group Limited is active in fund management services, third party life and pensions administration business. Irish Life Group Limited is also a provider of financial advice, a distributor/broker of financial and insurance products, a life insurer and a provider of pension schemes.
Invesco Limited
Invesco Limited is a provider of pension and investments consultancy in the State. Invesco provides retirement benefit consulting and pension administration services. Invesco is also a distributor of life insurance and investment products.
Contacts
Cathal Hanley cathalhanley@ccpc.ie
