MetLife Retail group News

MetLife Decides to Spinoff U.S. Retail Division

MetLife Inc. has filed for a spinoff of a U.S. retail unit after considering alternate plans to sell the business or exit through an initial public offering. At least 80.1 percent of the shares in the unit, Brighthouse Financial Inc., …

MassMutual Agrees to Buy MetLife Retail Adviser Network for $300M

Massachusetts Mutual Life Insurance Co. agreed to buy MetLife Inc.’s adviser-force business and affiliated broker-dealer for about $300 million. Massachusetts Mutual Life Insurance Co. has agreed to buy MetLife Inc.’s adviser-force business and affiliated broker-dealer. According to documents filed with …

MassMutual Emerges as Potential Buyer of MetLife Retail Group

MetLife Inc., the life insurer that is reshaping its business mix to limit government oversight, is in talks with Massachusetts Mutual Life Insurance Co. about a possible sale of MetLife Premier Client Group, the company’s U.S. adviser force. The group …