US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...
The Fed on Monday said it planned to overhaul the stress-test regime for banks and planned to seek public comment on planned changes. Credit scores soared during the pandemic, enabling a borrowing ...
Investment Management, the institutional asset management business of MetLife, announced that it has reached a definitive ...
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
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.
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MetLife to Buy PineBridge Investments for $1.2 Billion in Strategic AcquisitionMetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
The S&P 500 is on its way to record a stellar annual return and back-to-back years of more than 20% gains. The index has ...
MetLife Acquires PineBridge's Non-CN Assets for US$800M; Pacific Century Group Retains CN Operations
Chairman Richard Li's Pacific Century Group has sold PineBridge Investments' assets outside mainland China to MetLife Investment Management for US$800 million in cash. The transaction is expected to ...
METLIFE Investment Management, a subsidiary of US insurer MetLife said on Monday (Dec 23) that it has agreed to buy ...
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
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