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BRIEF-Metlife to acquire Logan Circle Partners for $250 million
July 7, 2017 / 8:10 PM / 2 months ago

BRIEF-Metlife to acquire Logan Circle Partners for $250 million

July 7 (Reuters) - Metlife Inc:

* Metlife to acquire Logan Circle Partners, L.P.

* Metlife Inc - deal for $250 million in cash.

* Metlife Inc says under terms of agreement, Metlife will acquire 100 percent of fortress’ ownership stake in Logan circle partners

* Metlife Inc - transaction will not impact Metlife’s existing $3 billion repurchase authorization, which is expected to be completed by year-end 2017

* Metlife Inc - transaction expected to close in q3 of 2017 Source text for Eikon: Further company coverage:

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