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 excludes PineBridge’s private equity funds group business and its joint venture in China. MetLife has established accelerating asset management growth as a strategic priority as ...

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 ...

MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it has reached a definitive agreement to acquire 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 ...

Insurance giant MetLife has reached a deal to buy PineBridge Investments from Hong Kong billionaire Richard Li’s Pacific Century Group. The agreement is valued at $1.2B, Bloomberg reported.

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 ...

the institutional asset management business of MetLife, announced that it has reached a definitive agreement to acquire PineBridge Investments. The transaction is comprised of $800M in cash at ...