MET's asset management arm is expected to close the acquisition of PineBridge by 2025, expanding its offerings and global ...
The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire ...
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
"The acquisition of PineBridge Investments furthers our ambition to accelerate growth in asset management," said MetLife President and Chief Executive Officer Michel Khalaf. "MetLife Investment ...
MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
Dec 23 (Reuters) - The asset management arm of U.S. insurer giant MetLife (MET.N), opens new tab has agreed to buy PineBridge Investments from Hong Kong billionaire Richard Li's Pacific Century ...
(Reuters) -The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire Richard Li's Pacific Century Group (PCG) in a deal valued at ...
MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it has reached a definitive agreement to acquire PineBridge ...