US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...

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.

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

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Metlife (MET – Research Report), Evans ...

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

The S&P 500 is on its way to record a stellar annual return and back-to-back years of more than 20% gains. The index has ...

Chairman Richard Li's Pacific Century Group has sold PineBridge Investments' assets outside mainland China to MetLife Investment Management for US$800 million in cash. The transaction is expected to ...

Shares of banks and other financial institutions rose amid deal activity. BNP Paribas said its BNP Paribas Cardif insurance business agreed to buy AXA Investment Managers for about $5.32 billion in ...

METLIFE Investment Management, a subsidiary of US insurer MetLife said on Monday (Dec 23) that it has agreed to buy ...

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The department-store chain agreed to be acquired by members of the founding family and Mexican retailer El Puerto de Liverpool. Honda's chief executive said the move wasn't a rescue of troubled Nissan ...