MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
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 ...
US insurer MetLife Inc. is nearing a deal to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire ...
The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.
The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
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The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire ...
The acquisition excludes PineBridge’s private equity funds group business and its joint venture in China. MetLife has established accelerating asset management growth as a strategic priority as ...
MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...
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 ...