Tagged MET

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MetLife Sets Terms for Brighthouse Spin

NEW YORK–(BUSINESS WIRE)–Jun. 29, 2017– MetLife, Inc. (NYSE: MET) today announced that its board of directors has approved the spin-off of Brighthouse Financial, subject to the U.S. Securities and Exchange Commission’s (SEC) declaration that the Brighthouse Financial, Inc. Registration Statement on Form 10 is effective. In addition, all necessary state insurance regulatory approvals have been granted. Subject to the SEC’s timely…

MetLife to Separate Retail Unit

MetLife, Inc. today announced a plan to pursue the separation of a substantial portion of its U.S. Retail segment. MetLife is currently evaluating structural alternatives for such a separation, including a public offering of shares in an independent, publicly traded company, a spin-off, or a sale. The Company is also undertaking preparations to complete the required…

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