MetLife Will Likely Spin Off Unit, RBC Says After CFO Chat

  • RBC analysts say spinoff could be path for fastest exit
  • Buybacks could resume before official separation, analysts say

MetLife Inc. may favor a spinoff of its Brighthouse Financial U.S. business rather than pursue an initial public offering of the unit, RBC Capital Markets analysts led by Eric Berg said after chatting with the company’s chief financial officer.

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