The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.

MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today ...

MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...

The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire ...

MetLife Investment Management, a subsidiary of U.S. insurer MetLife said on Monday it has agreed to buy PineBridge ...

The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...

The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.

"The acquisition of PineBridge Investments furthers our ambition to accelerate growth in asset management," said MetLife ...

The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.

US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...

New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.

PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to ...