MetLife Aktie
WKN: 934623 / ISIN: US59156R1086
21.10.2024 08:41:06
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MetLife In Discussion To Acquire Certain Assets Of PineBridge For $1 To $1.5 Bln, Reports Bloomberg
(RTTNews) - MetLife, Inc. (MET), a life insurance major, is in discussion to acquire certain assets of PineBridge Investments, an asset manager, in a deal valued between $1 billion and $1.5 billion, Bloomberg reported quoting people familiar with the matter.
The talks, which are in advanced stage, are exclusively for assets under management or AUM of around $100 billion, outside of China.
PineBridge's majority stake is owned by Asian billionaire Richard Li's holding company, Pacific Century Group.

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MetLife Inc. | 69,07 | -9,09% |
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