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MetLife in advanced negotiations to acquire PineBridge's non-China assets for $1-1.5B.
MetLife Inc. is in advanced negotiations to acquire PineBridge Investments' assets outside China, with an estimated deal value between $1 billion and $1.5 billion.
The assets under management total about $100 billion.
MetLife, outbidding competitors, aims to enhance its global investment management presence.
While the talks are exclusive, no final agreement has been reached, and details are still being negotiated.
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MetLife en negociaciones avanzadas para adquirir los activos no chinos de PineBridge por $1-1.5B.