Irish Life sale injunction bid rejected by Supreme Court

An application aimed at preventing the completion of the sale of Irish Life to Canadian firm Great-West, the parent company of Canada Life, for €1.3bn has been dismissed by the Supreme Court.

Irish Life sale injunction bid rejected by Supreme Court

An application aimed at preventing the completion of the sale of Irish Life to Canadian firm Great-West, the parent company of Canada Life, for €1.3bn has been dismissed by the Supreme Court.

The contract of sale for the life assurance business to Canada Life was agreed by the Minister for Finance last February and the deal is expected to close on July 10.

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