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.

5 months ago
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