The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
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MetLife's Asset Management Arm Expands Reach With PineBridge BuyoutMET's asset management arm is expected to close the acquisition of PineBridge by 2025, expanding its offerings and global ...
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 ...
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
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 ...
PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to ...
"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 ...
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