MetLife, Inc. (NYSE: MET) today announced it has entered into a definitive agreement to acquire Versant Health from an investor group led by Centerbridge Partners and including FFL Partners for approximately $1.675 billion in an all-cash transaction. Versant Health owns the well-established marketplace brands Davis Vision and Superior Vision. The transaction will strengthen and differentiate MetLife’s vision benefit offering with one of the industry’s broadest networks of providers and plan options. Following the acquisition, MetLife will gain access to Versant Health’s roughly 35 million members, and MetLife’s existing customers will gain access to Versant Health’s extensive provider network, which is one of the largest in the industry.
Read the full article: MetLife to Acquire Versant Health, Owner of Davis Vision and Superior Vision //
Source: https://www.businesswire.com/news/home/20200917005404/en/MetLife-to-Acquire-Versant-Health-Owner-of-Davis-Vision-and-Superior-Vision