MetLife Looks for Deals Overseas

MetLife’s chief financial officer, William Wheeler, sees opportunities for deals coming out of the recession. He said Tuesday that MetLife, the largest American life insurance company, was better positioned to acquire businesses outside the United States after the financial crisis cut into other insurers’ ability to make competing bids.

“I like our chances — we’ve come through this crisis pretty well,” Mr. Wheeler said at the Barclays Global Financial Services Conference in New York, according to Bloomberg News. “Our ability to pursue meaningful international mergers and acquisitions opportunities is there, and I’m not sure there are many others who are in that situation...”

NY Times: MetLife Looks for Deals Overseas