Status
Stage
Phase 1 - initial assessment
End of determination period
About the acquisition
Acquirer(s)
- INSURANCE AUSTRALIA GROUP LIMITED ABN - 60 090 739 923
Target(s) or Vendor(s)
- RACI PTY LIMITED ABN - 40 008 671 805
- RAC INSURANCE PTY LIMITED ABN - 59 094 685 882
Other party(ies)
- THE ROYAL AUTOMOBILE CLUB OF WA INC ABN - 33 212 133 120
- RACWA HOLDINGS PTY LTD ABN - 60 008 985 877
ANZSIC code(s)
6322 General Insurance
Description
Insurance Australia Group (IAG) proposes to acquire 100% of the issued share capital in RAC Insurance (RACI) from RACI Pty Ltd, a wholly owned subsidiary of the Ro
Consultation
The period for providing submissions or information in response to the ACCC’s Phase 1 questionnaire has concluded.