MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today ...

MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...

The 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 ...

"The acquisition of PineBridge Investments furthers our ambition to accelerate growth in asset management," said MetLife ...

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.

PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to ...

New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.

MetLife’s institutional asset management business, has agreed to acquire PineBridge Investments, a New York-based asset manager, from the Pacific Century Group. The transaction is comprised of $ ...

U.S. insurer MetLife said on Monday it has agreed to buy PineBridge Investments, a global asset manager, from Pacific Century ...

MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.