The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.

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 big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...

The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.

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

The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.

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

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

MET's asset management arm is expected to close the acquisition of PineBridge by 2025, expanding its offerings and global ...

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 ...

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 ...