MetLife Inc. is reportedly in advanced negotiations to acquire the assets of PineBridge Investments outside of China, with the deal potentially valued between $1 billion and $1.5 billion. This information comes from sources familiar with the matter and has been corroborated by multiple news outlets, including Bloomberg. The acquisition reflects MetLife's ongoing strategy to expand its investment portfolio and strengthen its presence in international markets.
$META MetLife In advanced talks to buy PineBridge Investments' assets outside of China in a deal that could be valued at $1-1.5bln https://t.co/ls7GfgXrTa
$MET (+0.0% pre) MetLife Said to Be in Talks to Buy Tycoon Li’s PineBridge Assets Outside of China - BBG https://t.co/oMMJZs9rR8
BNP Paribas, BPCE and Matmut are among firms considering bids for HSBC’s French life insurance business https://t.co/Xvc0LRjCnN