MetLife Confirms Discussions for Purchase of AFP Provida

MetLife, Inc. 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.