LCCGI/Generali Paneurope DAC
Transaction details
The proposed acquisition by LCCG Ireland Limited of sole control of Generali Paneurope DAC has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:18 January 2018
- Publication date:18 January 2018
- Economic sector:Financial and insurance services - L
- Economic sub-sector:Insurance and pension services - L.65
- Outcome:Cleared
Documents
M.18.003 Merger AnnouncementPDF | 139 KBM.18.003 Merger Announcement PDF | 139 KB - Opens in new window
M.18.003 DeterminationPDF | 289 KBM.18.003 Determination PDF | 289 KB - Opens in new window
Timetable
Parties Involved
LCCG Ireland Limited
LCCG Ireland focuses on the international life insurance market through two separate businesses; Utmost Wealth Solutions and Harcourt Life. LCCG Ireland is an indirect subsidiary of Life Company Consolidation Group Limited (LCCG), ultimately owned and controlled by Oaktree Capital Group LLC.
Generali Paneurope DAC
Generali Paneurope DAC is a life insurance company registered and authorised by the Central Bank of Ireland to transact life assurance business in Ireland and on a cross-border basis in the EU.
Contacts
Cathal Hanley cathalhanley@ccpc.ie
