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MetLife, PineBridge
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 billionaire Richard Li’s Pacific Century Group for up to $1.2 billion.
US insurer MetLife acquires PineBridge Investments in up to $1.2 billion deal
MetLife Investment Management, a subsidiary of U.S. insurer MetLife said on Monday it has agreed to buy PineBridge Investments, a global asset manager, from Pacific Century Group in a deal valued at up to $1.
MetLife to Buy Li’s PineBridge in Asset Management Push
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 management.Mo
MetLife signs deal to acquire asset manager PineBridge
The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
MetLife Buys PineBridge in $1.2B Deal
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge Investments this week.
MetLife buying PineBridge in asset management push
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
MetLife Strikes $1.2B Deal For PineBridge Investments
The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.
MetLife Acquires PineBridge's Non-CN Assets for US$800M; Pacific Century Group Retains CN Operations
MetLife Acquires PineBridge's Non-CN Assets for US$800M; Pacific Century Group Retains CN Operations
MetLife to buy Hong Kong tycoon Richard Li’s PineBridge in asset management push
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
MetLife expands asset management arm with up to $1.2 billion deal for PineBridge
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 up to $1.2 billion,
MetLife Is Said to Near Deal to Buy HK Tycoon Li’s PineBridge
US insurer MetLife Inc. is nearing a deal to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire Richard Li’s Pacific Century Group, according to people familiar with the matter.
Reuters
3d
MetLife expands asset management arm with up to $1.2 bln deal for 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 ...
Business Times
2d
US insurer MetLife acquires PineBridge Investments in up to US$1.2 billion deal
METLIFE Investment Management, a subsidiary of US insurer MetLife said on Monday (Dec 23) that it has agreed to buy ...
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