MetLife to Buy PineBridge Investments for Up to $1.2 Billion MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under management, from ...
The Fed on Monday said it planned to overhaul the stress-test regime for banks and planned to seek public comment on planned changes. Credit scores soared during the pandemic, enabling a borrowing ...
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.
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As per market observers, the unlisted shares of Sanathan Textiles Ltd are trading at Rs 382 in the grey market, reflecting a ...
MetLife Acquires PineBridge's Non-CN Assets for US$800M; Pacific Century Group Retains CN Operations
Chairman Richard Li's Pacific Century Group has sold PineBridge Investments' assets outside mainland China to MetLife Investment Management for US$800 million in cash. The transaction is expected to ...
Shares of banks and other financial institutions rose amid deal activity. BNP Paribas said its BNP Paribas Cardif insurance business agreed to buy AXA Investment Managers for about $5.32 billion in ...
METLIFE Investment Management, a subsidiary of US insurer MetLife said on Monday (Dec 23) that it has agreed to buy ...
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.
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