CGNU merger - European Commission clearance

CGU and Norwich Union announce that the European Commission has today confirmed clearance on competition grounds of the proposed merger between the two companies to form CGNU.

Merger of CGU plc ("CGU")

AND

Norwich Union plc ("Norwich Union")

CGU and Norwich Union announce that the European Commission has today confirmed clearance on competition grounds of the proposed merger between the two companies to form CGNU.

The merger remains subject to obtaining a number of other regulatory clearances and to the sanction of the Court, and is expected to become effective by early June.

Enquiries: 

CGU
Richard Whitaker, Group Secretary
Tel: +44 (0)207 662 2051

Norwich Union

Rebecca Burrows,
Investor Relations Director

Tel: +44 (0)1603 680 117