MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
The deal, valued at up to $1.2 billion, includes an $800 million upfront cash payment, with an additional $200 million ...
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
"The acquisition of PineBridge Investments furthers our ambition to accelerate growth in asset management," said MetLife ...
MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today ...
PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to ...
US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...
MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
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 ...
(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 ...
“The acquisition of PineBridge Investments furthers our ambition to accelerate growth in asset management,” said MetLife President and Chief Executive Officer Michel Khalaf. “MetLife ...