Founded in 1989, Irish Life, a life and pension company that provides risk protection, pensions, savings, and investment products in Ireland. It offers life assurance and pension products to personal and small business customers, individuals, employers, and affinity groups; and non-life assurance products.
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Great-West Lifeco has provided notice to Computershare Trust Company of Canada, the subscription receipt agent in respect of Great-West Lifeco’s outstanding subscription receipts, of the satisfaction of all conditions to the release from escrow of the funds from the issuance of the subscription receipts.
Upon closing of the Irish Life Group acquisition, each outstanding subscription receipt will automatically be exchanged for one common share of Great-West Lifeco.
The acquisition is expected to be completed on 10 July 2013.
Great-West Lifeco, a financial services holding company, is engaged in insurance, retirement savings, investment management, and reinsurance businesses in Canada, the US, Europe, and Asia.
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