Reuters logo
BRIEF-Metlife says Brighthouse Financial files registration statement on Form 10 with SEC
October 5, 2016 / 9:47 PM / in a year

BRIEF-Metlife says Brighthouse Financial files registration statement on Form 10 with SEC

Oct 5 (Reuters) - Metlife Inc

* Form 10 describes potential transaction which is pro-rata distribution of at least 80.1% of shares of brighthouse’s common stock to co’s shareholders

* Continues to evaluate and pursue structural alternatives for planned separation of its u.s. Retail business

* Brighthouse financial inc filed a registration statement on form 10 with the u.s. Sec

* Expect to incur approximately $1.5 billion of separation-related items in second half of 2016 that will reduce free cash flow

* To get dividends prior to separation in range of $3.3 to $3.8 billion from brighthouse financial and a metlife-affiliated reinsurance subsidiary Source text for Eikon: (bit.ly/2dfJ6ZH) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below