Sector Update: Financial Stocks Lean Lower Premarket Monday

MT Newswires28minutes ago

MetLife Investment Management will acquire PineBridge for up to 1.2 billion dollars.

On December 23, Gelonghui reported that MetLife's subsidiary, MetLife Investment Management (MIM), announced on Monday that it has agreed to acquire the global asset management company PineBridge Investments from Pacific Century Group, with a transaction value of up to 1.2 billion USD. This deal, valued at up to 1.2 billion USD, includes 0.8 billion USD in upfront Cash / Money Market, 0.2 billion USD contingent on the achievement of specific financial targets in 2025, and another 200 million USD linked to multi-year earnings structures. Acquiring PineBridge will also provide

Gelonghui Finance34minutes ago

Sector Update: Financial

MT Newswires52minutes ago

Express News | MetLife Inc: Deal Expected to Be Neutral to EPS in Year 1 and Accretive Beyond

Breakings21:31

Express News | MetLife Inc: Deal Excludes Pinebridge's Private Equity Funds Group Business and Its Joint Venture in China

Breakings21:31

Express News | MetLife Inc: Deal Also Includes $200 Mln Subject to Achieving Certain 2025 Financial Metrics, $200 Mln Subject to Multi-Year Earnout

Breakings21:30