MetLife Comments on BBVA's Chilean Pension Business
NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYS: MET) confirmed a statement issued today by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) that MetLife is negotiating the acquisition of BBVA's subsidiary, AFP Provida S.A., the largest private pension fund administrator in Chile by assets under management. No agreement has been reached and there are no assurances that an agreement will be reached.
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.
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