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.

October 21, 2024
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