KKR Completes Full Acquisition of Global Atlantic in $2.7 Billion Deal
Private equity firm KKR has acquired full control of insurance company Global Atlantic as part of its efforts to reorganize its finances.
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MetLife's $19.2 Billion Reinsurance Deal Spurs Share Buyback Boost
MetLife has signed a $19.2 billion reinsurance deal with Global Atlantic and increased its stock buyback program to $4 billion. The company expects the transaction to positively impact several of its key financial metrics. The deal is likely to close in the second half of 2023.