|Brighthouse Financial Files Form 10 Registration Statement in Connection with Planned Separation from MetLife|
MetLife, Inc. recently announced that Brighthouse Financial, Inc. filed a Registration Statement on Form 10 with the U.S. Securities and Exchange Commission (the “SEC”). The filing of the Form 10 is an important step in MetLife’s plan to separate into two independent publicly traded companies. The filing provides information on the strategy and historical financial data of Brighthouse Financial and will be updated with additional information in subsequent amendments as the SEC reviews it.
The Form 10 Brighthouse filed reflects MetLife’s current plant to initiate the seperation of Brighthouse in the form of a spin-off. The ultimate form and timing of the transaction will be influenced by a number of factors.
To learn more about this announcement, you see MetLife’s press release, theirFAQs document, or contact Insurance Designers of America today.