The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
US insurer MetLife Inc. is nearing a deal to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire ...
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MetLife signs deal to acquire asset manager PineBridgeThe deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.
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.
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 Group (PCG ...
The transaction is comprised of $800 million in cash at closing, $200 million subject to achieving certain 2025 financial metrics and $200 million subject to a multi-year earnout.
Former Honolulu Mayor and current President/CEO of the Hawaii Lodging and Tourism Association Mufi Hannemann founded the Pacific Century Fellows ... have roots. The group visited Ilocos Norte ...
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
(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 ...
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