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Stock Market & Financial Investment News

News Breaks
May 12, 2014
11:07 EDTBPO, METBrookfield Office enters into JV partnership with MetLife at Republic Plaza
Brookfield Office announced that it has entered into a 50/50 joint venture partnership with MetLife on the Republic Plaza office building in Denver. Brookfield, which will retain management and leasing responsibilities at the property, had previously owned the building outright and sold a 50% stake to MetLife in a transaction valuing the property at $480M. Net proceeds to Brookfield are approximately $98M.
News For BPO;MET From The Last 14 Days
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August 14, 2014
17:27 EDTMETAppaloosa gives quarterly update on stakes
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August 12, 2014
09:03 EDTMETMetLife acquires The Loop
MetLife announced that the company has acquired The Loop, a 435,000 square foot outdoor retail center in Kissimmee, Florida. MetLife bought the complex from an institutional client of AEW Capital Management.
08:18 EDTMETAs MetLife awaits SIFI decision, other non-banks get tough scrutiny, FT says
The Federal Reserve's scrutiny of AIG (AIG) and GE Capital (GE) since those non-banks were designated as systemic risks shows they are being regarded in the same manner as large banks, according Financial Times, citing people familiar with the process. Insurer Prudential Financial (PRU) was deemed a systemic risk last September and rival MetLife (MET) is waiting to see if it will be designated this year, the report noted. Reference Link
August 7, 2014
14:04 EDTMETMetLife agrees to pay $23M to settle blast-faxing litigation, WSJ says
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