US insurer MetLife acquires PineBridge Investments in up to $1.2 bln deal

Metlife

23/12/2024 13:36

Dec 23 (Reuters) - U.S. insurer MetLife  MET.N  said on
Monday it has agreed to buy PineBridge Investments, a global
asset manager, from Pacific Century Group in a deal valued at up
to $1.2 billion.

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by
tasim Zahid)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))