GlobalData on MSN6d
MetLife signs deal to acquire asset manager PineBridge
The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
InvestmentNews7d
MetLife buying PineBridge in asset management push
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
MetLife to Buy Li’s PineBridge in Asset Management Push
US insurer MetLife Inc. is nearing a deal to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire ...
Bisnow7d
MetLife Strikes $1.2B Deal For PineBridge Investments
The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.
MetLife to buy Hong Kong tycoon Richard Li’s PineBridge in asset management push
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
Pensions&Investments7d
MetLife is said to near deal to buy PineBridge Investments
PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to ...