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 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 ...
Investment Management, the institutional asset management business of MetLife, announced that it has reached a definitive agreement to acquire PineBridge Investments. The transaction is comprised of ...
"The acquisition of PineBridge Investments furthers our ambition to accelerate growth in asset management," said MetLife President and CEO Michel Khalaf in the release. "MetLife Investment Management ...
PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to repay a government bailout. PineBridge’s clients include pension plans, ...
US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
MET's asset management arm is expected to close the acquisition of PineBridge by 2025, expanding its offerings and global presence. MetLife (MET) Investment Management, the institutional asset ...
METLIFE Investment Management, a subsidiary of US insurer MetLife said on Monday (Dec 23) that it has agreed to buy PineBridge Investments, a global asset manager, from Pacific Century Group in a deal ...
MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
(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 ...