Report
EUR 1140.00 For Business Accounts Only

MET, Full Analysis, BHF Spinoff Completes August 4, Updated Valuations


  • The Upcoming Spinoff of Brighthouse Financial, Inc. (BHF) on August 4 is a Value Creation Opportunity
  • CEO's Strong Track Record is a Positive for MET / Current CEO of BHF Will Remain in that Position Post-Spin
  • Insider Buying in MET from Industry Veteran Ahead of the Spinoff Reflects Potential Value Creation Opportunity
  • The Edge Anticipates Short-Term Selling Pressure in BHF Post-Spin Over the Near/Medium-Term Providing a Lower Entry Point
  • MET Has Generated a Portfolio Return of ~29% for the Special Sits (ESS) & ~25% for the Spinoff (ESR) Portfolio Outperforming the S&P 500 Index
  • Current ESR & ESS Model Portfolio Holdings


Underlying
MetLife Inc.

MetLife, through its subsidiaries and affiliates, provides insurance, annuities, employee benefits and asset management. The company's segments include: United States; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. In the United States, the company provides a variety of insurance and financial services products, including life, dental, disability, property and casualty, guaranteed interest, stable value and annuities to both individuals and groups. Outside the United States, the company provides life, medical, dental, credit and other accident and health insurance, as well as annuities, endowment and retirement and savings products to both individuals and groups.

Provider
The Edge Group LLC
The Edge Group LLC

The Edge Group - Global Fundamental Catalyst Investing. The Edge provides investors with access to hidden corporate value from Global Special Situations using a pioneering approach to investments. Founded in 2005 by fund management and investment banking professionals to provide high quality, private equity-level research on Global Corporate Divestitures for the benefit of fundamental event-driven, growth and value-oriented investors in this difficult to track, but proven investment space.

The Edge will look to screen and analyze include Spinoffs; Reverse Morris Trusts; Squeeze Outs; Privatizations; Demutualization; Deep Discounted; Rights Issues; Rights Offering; Restructuring; Insider Purchases / Buying Change of Management / CEO Change; Deteriorating fundamentals; Post-Bankruptcy; Reorganization; Tender Offer; M&A Deals; Secondary Offering; Share Swap; Thrift Conversions; Share Buybacks; Activist; Mergers. All analyzed from a fundamental point of view.

 

 

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