MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today ...
MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...
The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
This week, Chinese 10-year government bond yields hit a new low, suggesting investor pessimism about the country’s long-term ...
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
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 ...
The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.
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 ...