Monday, November 26, 2007

 

MetLife Announces Acquisition of AFORE Actinver

MetLife, Inc. announced today that its Mexican affiliate, MetLife Mexico, S.A., has signed a definitive agreement to acquire AFORE Actinver, S.A. de C.V. as part of its strategy to strengthen MetLife Mexico’s savings and retirement portfolio and to expand its presence in Mexico.

This agreement is subject to customary closing conditions including regulatory approval by the National Commission of Savings for Retirement (CONSAR), and the Federal Competition Commission (COFECO) in Mexico. Terms of the transaction were not disclosed.

MetLife Announces Acquisition of AFORE Actinver
Source: Business Wire

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