(Bloomberg) -- Fidelity, the second-largest U.S. mutual fund company, suspended sales of MetLife's annuities as the life insurer weighs a possible sale, spinoff or public offering of a retail unit that provides the retirement products.

“In light of MetLife’s announcement that it is considering spinning-off its U.S. retail business and the limited information available at this time, we have made the decision to temporarily pause the sale of MetLife annuities,” said Joe Madden, a spokesman for Fidelity.

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