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.
MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.
The Republican-led U.S. House of Representatives Judiciary Committee is seeking information from some 60 U.S. asset managers about their involvement with an investor climate group, adding pressure ...
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 ...
PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to ...
US insurer MetLife Inc. is nearing a deal to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire ...
New research from several sites is starting to suggest that people came to the Americas earlier — perhaps far earlier — than ...
If you're still shopping for Christmas gifts, the Hawaii Holiday Craft and Gift Fair is happening this weekend at the Blaisdell Center.
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