MetLife Inc. agreed to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire Richard Li’s Pacific ...
The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire ...
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
MetLife Inc. agreed to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire Richard Li’s Pacific Century Group as part of the US insurer’s push to grow in asset ...
"The acquisition of PineBridge Investments furthers our ambition to accelerate growth in asset management," said MetLife President and Chief Executive Officer Michel Khalaf. "MetLife Investment ...
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 ...
MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...
MetLife Investment Management, the institutional asset manager of the New York-based insurance company, will pay $800 million for closely held PineBridge, which manages about $100 billion in ...