Report
Cor Kluis

NN Group : Logical that NN Group is interested in MetLife Eastern Europe

>Conclusion: Logical to strengthen position in Poland and Greece - NN Group confirmed via a press release that it has made an offer to acquire part of MetLife’s businesses in Europe. Strategically it would be positive if NN Group could acquire the Greece and Poland units of MetLife as it would strengthen its market position and bring it one spot higher to #1 in Greece life and a shared #2 in Poland life. NN Group has been working on more add-on acquisitions in Easter...
Underlying
NN Group N.V.

NN Group is a financial services company based in the Netherlands. Co. engages in insurance and investment management activities, providing life and non-life insurance products primarily in the Netherlands, Belgium, rest of Europe, and Asia. Co. offers group and individual life insurance; and motor, transport, fire, liability, travel, and income insurance. Co. also offers retirement, insurance, investments, and banking services to retail, SME, corporate, and institutional customers. Co. is active in 18 countries, with a presence predominantly in a number of European countries and Japan.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Cor Kluis

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