Resolution _ Friends Provident (Life insurance and asset management sectors.) [2007] IECompA M07059 (11 October 2007)

Resolution _ Friends Provident (Life insurance and asset management sectors.) [2007] IECompA M07059 (11 October 2007)

The proposed merger does not raise competition concerns and is compatible with competition law.

Citation
[2007] IECompA M07059
Parties
Applicant: Resolution plc; Respondent: Friends Provident plc
Jurisdiction
Ireland
Judgment Date
11 October 2007
Procedural Posture
Merger Notification / Decision
Outcome
approved
Legal Topics
Merger Control, Life Insurance, Asset Management

Case Brief

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Parties

Resolution plc

Applicant

Friends Provident plc

Respondent

Procedural Posture

Merger Notification / Decision

  1. 1 Whether the proposed merger of Resolution plc and Friends Provident plc is compatible with competition law in the life insurance and asset management sectors.

Ratio Decidendi

The proposed merger does not raise competition concerns and is compatible with competition law.

Court Disposition

approved

Orders

  • Merger of Resolution plc and Friends Provident plc approved.