The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
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.
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MetLife signs deal to acquire asset manager PineBridgeThe deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
MetLife Acquires PineBridge's Non-CN Assets for US$800M; Pacific Century Group Retains CN Operations
PCCW (00008.HK) 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 ...
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 Group (PCG ...
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
(Reuters) -The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire Richard Li's Pacific Century Group (PCG) in a deal valued at ...
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