Press Release: Mergers: Commission approves acquisition of MetLife Assurance Limited by Rothesay Life Limited

Author (Corporate)
Series Title
Series Details IP/14/500 (29.04.14)
Publication Date 29/04/2014
Content Type

On 29 April 2014, the European Commission cleared under the EU Merger Regulation the proposed acquisition of the insurance company MetLife Assurance Limited ("MAL") by rival Rothesay Life Limited ("Rothesay"), both of the United Kingdom. The Commission concluded that the transaction would not raise any competition concerns, in particular because the merged entity would continue to face strong competition after the merger.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-500_en.htm
Related Links
European Commission: Competition: Mergers http://ec.europa.eu/competition/mergers/legislation/regulations.html
European Commission: DG Competition http://ec.europa.eu/competition/index_en.html

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