MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...
MetLife Investment Management, a subsidiary of U.S. insurer MetLife said on Monday it has agreed to buy PineBridge ...
The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire ...
US insurer MetLife Inc. is nearing a deal to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire ...
MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today ...
US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
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MetLife signs deal to acquire asset manager PineBridgeThe deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.
"The acquisition of PineBridge Investments furthers our ambition to accelerate growth in asset management," said MetLife ...
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
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