MetLife shelves 148-year-old U.S. retail brand for ‘Brighthouse
July 21, 2016 by Katherine Chiglinsky
(Bloomberg) — MetLife Inc., the New York-based insurer that traces its roots to the 1860s, said it’s come up with a new name for a U.S. retail unit that’s slated for separation.
The business will be known as Brighthouse Financial once it’s broken off from the parent company, MetLife said Thursday in a statement. MetLife said in January that it would pursue a spinoff, sale or initial public offering for the unit and hasn’t yet announced which path it will take. Click HERE to read more. LifeHealthPro articles may require free registration to view.