MetLife Inc (MET.N), the largest life insurer in the United States, said it has hired the co-head of the financial institutions mergers and acquisitions team at Credit Suisse (CSGN.VX) to run its M&A operation. Adam Hodes will be senior vice president and head of M&A, answering to the chief financial officer, MetLife said on Monday. Hodes is no stranger to MetLife, having helped the company with its acquisition of Alico from American International Group Inc (AIG.N) last year, a deal that transformed the company's profile by making it a much larger international player. With the Alico deal well on its way to being integrated, MetLife has made no secret of its desire to keep expanding, particularly in Latin America.
MetLife, Inc. (MetLife) is a provider of insurance, annuities and employee benefit programs, serving 90 million customers in over 60 countries. Shares of MET remained unchanged at $33.04. In the past year, the shares have traded as low as $28.84 and as high as $48.72. On average, 10532300 shares of MET exchange hands on a given day and today's volume is recorded at 0.
American International Group, Inc. (AIG) is an international insurance organization, serving customers in more than 130 countries. Shares of AIG remained unchanged at $25.44. In the past year, the shares have traded as low as $21.46 and as high as $62.87. On average, 8199870 shares of AIG exchange hands on a given day and today's volume is recorded at 100.
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