The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
US insurer MetLife Inc. is nearing a deal to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire ...
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
METLIFE Investment Management, a subsidiary of US insurer MetLife said on Monday (Dec 23) that it has agreed to buy PineBridge Investments, a global asset manager, from Pacific Century Group in a deal ...
MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
from billionaire Richard Li's Pacific Century Group for up to $1.2 billion. Defense Boom Sets Stage for Private-Equity Exit Run PE firms look to capitalize on the government's "retooling moment ...
US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s Pacific Century Group for US$1.2 billion. The deal, which is expected to be ...