METLIFE IBERIA
August 1st, 2003
BY ALAN OSBORN
The European Commission has cleared the purchase of the Spanish insurance company Metlife Iberia, currently controlled by Metlife International Holdings of the US, by Liberty Insurance Group Compañía de Seguros y Reaseguros. The buyer is part of the US group Liberty Mutual. The Brussels authorities said the deal did not raise any competition concerns.
The European Commission has cleared the purchase of the Spanish insurance company Metlife Iberia, currently controlled by Metlife International Holdings of the US, by Liberty Insurance Group Compañía de Seguros y Reaseguros. The buyer is part of the US group Liberty Mutual. The Brussels authorities said the deal did not raise any competition concerns.
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