The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
MET's asset management arm is expected to close the acquisition of PineBridge by 2025, expanding its offerings and global ...
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today ...
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
MetLife, Inc. MET recently announced that MetLife Investment Management (“MIM”) has entered into a definitive agreement to acquire PineBridge Investments, a global asset manager with ...
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 ...
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...
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 ...