Acquirer(s)

  • Challenger Financial Services Group Limited

Target(s)

  • AXA's Australian Annuity Portfolio

Competition analysis

The ACCC did not oppose the proposed acquisition, particularly because it would not reduce the number of existing suppliers of annuities in Australia.

Timeline

Date Event

ACCC commenced review under the Merger Review Process Guidelines.

Closing date for submissions from interested parties.

ACCC announced it would not oppose the proposed acquisition.