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.

From the good and the bad, from marriage equality, decriminalization of queer sex, and groundbreaking electoral victories to ...

The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.

The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.

The transaction is comprised of $800 million in cash at closing, $200 million subject to achieving certain 2025 financial metrics and $200 million subject to a multi-year earnout.

The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire ...

MetLife Investment Management, a subsidiary of U.S. insurer MetLife said on Monday it has agreed to buy PineBridge ...

MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...

PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to ...

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