MetLife (NYSE:MLG) has purchased three Eastern European life insurance units from Aviva.
MetLife (NYSE:MLG) has decided to acquire UK-based Aviva’s three Eastern European life insurance divisions as part of its plans to increase its market position.
Michel Khalaf, MetLife president for the Europe, Middle East and Africa region, said that, “this transaction creates an excellent opportunity to reach more customers with a broader product and service offering, and further build scale in their existing operations in these countries.”
MetLife (NYSE:MLG) stocks are currently standing at 26.38.
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