US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...
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The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
PCCW (00008.HK) 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 ...
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 ...
The deal does not include PineBridge’s private equity funds group and its joint venture in China. Credit: Osugi/Shutterstock. MetLife Investment Management (MIM), the institutional asset management ...
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