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Metlife Inc's Subsidiary Announces Cash Tender Offer To Acquire AFP Provida S.A

Thursday, 29 Aug 2013 09:02am EDT 

Metlife Inc announced that MetLife Chile Acquisition Co. S.A. (Purchaser), a wholly owned subsidiary of MetLife, Inc., has commenced a tender offer (the U.S. Offer) for all of the issued and outstanding common shares of AFP Provida S.A. (Provida) that are held by U.S. holders, and all of the outstanding American Depositary Shares, each representing fifteen common shares of Provida, from all holders, wherever located. Purchaser is offering to pay USD6.1476 per common share and USD92.2140 per ADS, in each case, in cash, without interest, payable in U.S. Dollars or Chilean Pesos, at the election of tendering holders. 

Company Quote

0.65 +1.29%
17 Apr 2014