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ALLIANZ / LV GENERAL INSURANCE BUSINESSES
M.8617
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Disclaimer :
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
SECTION 1.2
Description of the concentration
On 13 September 2017, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 involving the indirect acquisition by Allianz SE (Allianz) of sole control over the UK general non-life insurance businesses (the Target) of Liverpool Victoria Friendly Society Limited (LV).
The business activities of the undertakings concerned are:
− Allianz: parent company of the Allianz Group, a global financial services provider active predominantly in relation to life and non-life insurance and asset management.
− Target: general non-life (i.e. motor, property, liability, travel and pet) insurance businesses of LV, which is a UK financial services group and mutual society providing a range of life and non-life insurance products.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.