# C_2013126EN.01000301.xml

| 3.5.2013 | EN | Official Journal of the European Union | C 126/3 |
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3.5.2013

EN

Official Journal of the European Union

C 126/3

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Prior notification of a concentration

(Case COMP/M.6883 — Canada Life/Irish Life)

(Text with EEA relevance)

2013/C 126/03

| 1. | On 22 April 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Canada Life Limited (‘Canada Life’, UK), ultimately controlled by Power Corporation of Canada (Canada), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Irish Life Group Limited (‘Irish Life’, Ireland) currently controlled by the Minister for Finance of Ireland by way of purchase of shares. |
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1.

On 22 April 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Canada Life Limited (‘Canada Life’, UK), ultimately controlled by Power Corporation of Canada (Canada), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Irish Life Group Limited (‘Irish Life’, Ireland) currently controlled by the Minister for Finance of Ireland by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:






  — | Canada Life: provision of individual and group life insurance, wealth management, retirement protection and asset management services internationally, |
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2.

The business activities of the undertakings concerned are:

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Canada Life: provision of individual and group life insurance, wealth management, retirement protection and asset management services internationally,

| — | Irish Life: provision of group and individual life and pension insurance, financial advice and products to the public sector union members and fund management in Ireland and the UK. |
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Irish Life: provision of group and individual life and pension insurance, financial advice and products to the public sector union members and fund management in Ireland and the UK.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope the EC Merger Regulation. However, the final decision on this point is reserved. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope the EC Merger Regulation. However, the final decision on this point is reserved.

| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6883 — Canada Life/Irish Life, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6883 — Canada Life/Irish Life, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

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