Transaction details
The proposed acquisition by Standard Life Investments (Holdings) Limited of the entire issued share capital of Ignis Asset Management Limited has been cleared by the Competition Authority.
| Economic sector | Media merger |
| Both parties provide asset management services. | No |
Notification date: Thursday, April 17, 2014
| Parties Involved | Business activities |
| Standard Life Investments (Holdings) Limited | "Standard Life is involved in the provision of the following types of long-term investment services to customers worldwide: (i) Investment / asset management services for corporate and retail customers; (ii) Savings, investment and pensions services for retail customers; and (iii) Pensions and corporate benefits services for corporate customers. " |
| Ignis Asset Management Limited | Ignis provides investment / asset management services to Phoenix Group Holdings life companies as well as to third party clients, including both retail and institutional investors in the UK and overseas. |
| Case Officer Assigned | Contact Details |
| Barry O'Donnell | Tel: 01-804 5396, e-mail: bod@tca.ie |
The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is:
| Phase 1 |
| Friday, May 2, 2014 |
|
Current status |
Completed |
Cleared (Phase 1) |
Decision date: Thursday, May 15, 2014
