Yesterday, MetLife Inc. (NYSE:MET) announced a contract to acquire life insurance and pension businesses of London-based Aviva plc in Hungary, Romania and Czech Republic.
While the terms of the deal remain undisclosed, the transaction is expected to culminate some time this year, once the regulatory approvals required are fulfilled. Besides, Metlife took the advisory services of Deutsche Bank AG (NYSE:DB), while HSBC Holdings plc (NYSE:HBC) advised Aviva about the deal.
Since last year, Aviva has been … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards