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PPG to transfer pension administration and obligations to Massachusetts Mutual Life Insurance Co and Metropolitan Life Insurance Co

4:33pm EDT

PPG Industries Inc : PPG to transfer pension administration and obligations to Massachusetts Mutual Life Insurance Company and Metropolitan Life Insurance Company . Agreement to transfer pension benefits, annuity administration for $1.6 billion . Transfer in pension liabilities to Massachusetts Mutual Life Insurance Company and Metropolitan Life Insurance Company .PPG's pension plans to buy group annuity contracts from Massmutual, Metlife for about 13,400 current U.S. salaried, non-union hourly retirees.

Medy-Tox to acquire properties for 82 bln won

Friday, 24 Jun 2016 04:35am EDT

Medy-Tox Inc. <086900.KQ>: Says it will acquire land and building located in Seoul, from MIRAE ASSET Life Insurance CO., Ltd.<085620.KS> . Transaction amount of 82 billion won .Expects transaction settlement date of July 28.

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