MetLife Inc. has completed a previously announced deal to acquire a business that is a big player in the markets for the annuities used to fund 403(b) plans, 457 plans and other nonprofit employer retirement plans.[@@]
MetLife, New York, has acquired CitiStreet Associates, a unit of CitiStreet L.L.C., which, in turn, is a unit of MetLife Inc., New York, and Citigroup Inc.
MetLife did not acquire the CitiStreet L.L.C. joint venture.