| Decision | Consent Granted |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 13 June 2024 |
| Pathway(s) | Significant business assets only |
| Investment | Acquisition of up to 100% of the shares in Asteron Life Limited |
| Consideration | $410,000,000 |
| Applicant | Resolution Life NOHC Pty Ltd |
| Vendor | Asteron Life Limited |
| Background | The Applicant is a subsidiary of the Resolution Life Group, a global insurance, reinsurance and risk transfer business. The Applicant is acquiring the shares of Asteron Life Limited, a licensed insurer providing life and disability insurance products to customers in New Zealand. Consent was granted as the Applicant has met the investor test criterion. |
| More information | Bradley Kidd |