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MetLife Heads to Eastern Europe

Vltava River, Prague (Petr Novák, Wikipedia)
Vltava River, Prague (Petr Novák, Wikipedia)

MetLife Inc., (NYSE:MET) will acquire from Aviva plc its life insurance businesses in the Czech Republic (Aviva Czech Life) and Hungary (Aviva Hungary Life) as well as its life insurance and pension businesses in Romania (Aviva Romania Life and Penisons).

MetLife  is intent on investing in high-potential markets and this transaction creates an excellent opportunity to reach more customers with a broader product and service offering, and further build scale in our existing operations in the countries, said Michel Khalaf, President for the Europe, Middle East and Africa region for MetLife.

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Nichole Morford

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