MetLife (MET) closes PineBridge Investments deal, shares pro forma combined AUM view

Rhea-AI Filing Summary

MetLife, Inc. reported that its institutional investment arm, MetLife Investment Management, has closed the acquisition of PineBridge Investments, LLC and certain related affiliates. This step makes PineBridge part of MetLife’s investment management platform as of December 30, 2025.

On the same date, MetLife also released a fact sheet showing the pro forma combined total assets under management for MetLife Investment Management and PineBridge, as if the acquisition had been completed on September 30, 2025. The news release and the pro forma combined AUM fact sheet are provided as exhibits, giving investors more detail on how the combined investment management businesses will look following the transaction.

Insights

Financial services M&A analyst

MetLife closes PineBridge deal and shares combined AUM profile.

MetLife Investment Management has completed the acquisition of PineBridge Investments, LLC and certain affiliates. This adds PineBridge’s investment operations to MetLife’s existing asset management platform as of December 30, 2025, potentially broadening products, clients, and strategies under one umbrella, though specific financial metrics are not detailed here.

MetLife also issued a fact sheet presenting the pro forma combined total assets under management for MetLife Investment Management and PineBridge as if the deal had closed on September 30, 2025. That gives stakeholders a snapshot of the scale of the combined platform at that date, even though exact AUM figures are not included in this excerpt.

The long‑term impact will depend on how effectively MetLife integrates PineBridge’s operations and realizes any strategic or cost benefits. Future company filings and disclosures that reference pro forma combined AUM and post‑closing results will help clarify how the acquisition is affecting growth and profitability in the investment management segment.

8-K Event Classification

3 items: 7.01, 8.01, 9.01

3 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

0001099219false00010992192025-12-302025-12-300001099219us-gaap:CommonStockMember2025-12-302025-12-300001099219us-gaap:SeriesAPreferredStockMember2025-12-302025-12-300001099219us-gaap:SeriesEPreferredStockMember2025-12-302025-12-300001099219us-gaap:SeriesFPreferredStockMember2025-12-302025-12-30

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549  

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): December 30, 2025

METLIFE, INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

1-15787

13-4075851

(Commission File Number)

(IRS Employer Identification No.)

200 Park Avenue,

New York,

NY

10166-0188

(Address of Principal Executive Offices)

(Zip Code)

(212) 578-9500

(Registrant’s Telephone Number, Including Area Code)

N/A

(Former Name or Former Address, if Changed Since Last Report) 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, par value $0.01			MET			New York Stock Exchange
Floating Rate Non-Cumulative Preferred Stock, Series A, par value $0.01			MET PRA			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 5.625% Non-Cumulative Preferred Stock, Series E			MET PRE			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.75% Non-Cumulative Preferred Stock, Series F			MET PRF			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐

Item 7.01 Regulation FD Disclosure.

On December 30, 2025, MetLife, Inc. issued a news release announcing the closing of the acquisition (the “Acquisition”) by MetLife Investment Management of PineBridge Investments, LLC and certain of its affiliates (collectively, “PineBridge”). A copy of the news release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The news release is furnished as of December 30, 2025, but not filed, pursuant to Instruction B.2 of Form 8-K.

Item 8.01 Other Events.

On December 30, 2025, MetLife, Inc. issued a fact sheet setting forth the pro forma combined total assets under management of MetLife Investment Management and PineBridge, as if the Acquisition had occurred as of September 30, 2025 (the “Pro Forma Combined Total AUM Fact Sheet”), a copy of which is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

The foregoing description of the Pro Forma Combined Total AUM Fact Sheet is not complete and is qualified in its entirety by reference to the Pro Forma Combined Total AUM Fact Sheet.

2

Item 9.01 Financial Statements and Exhibits.

99.1 MetLife, Inc. news release dated December 30, 2025, announcing the closing of the Acquisition.

99.2 Pro Forma Combined Total AUM Fact Sheet as of September 30, 2025.

101 Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language)

104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101)

3

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

METLIFE, INC.

By:

/s/ Adrienne O’Neill

Name:

Adrienne O’Neill

Title:

Executive Vice President and Chief Accounting Officer

Date: December 30, 2025

4

FAQ

What transaction did MetLife, Inc. (MET) report in this filing?

MetLife reported that MetLife Investment Management has closed the acquisition of PineBridge Investments, LLC and certain of its affiliates, making PineBridge part of MetLife’s investment management platform as of December 30, 2025.

Who is the acquired company mentioned in MetLife’s (MET) 8-K?

The acquired business is PineBridge Investments, LLC along with certain of its affiliates, collectively referred to as PineBridge in the disclosure.

What additional information did MetLife (MET) release about the PineBridge acquisition?

MetLife released a news release about the closing of the acquisition and a separate Pro Forma Combined Total AUM Fact Sheet that shows the combined total assets under management of MetLife Investment Management and PineBridge as if the deal had occurred on September 30, 2025.

Where can investors find the pro forma combined AUM details for MetLife and PineBridge?

The pro forma combined total assets under management information is contained in the Pro Forma Combined Total AUM Fact Sheet, which is attached as Exhibit 99.2 and incorporated by reference.

What exhibits accompany MetLife’s (MET) disclosure about the PineBridge deal?

MetLife attached a news release about the closing of the acquisition as Exhibit 99.1 and the Pro Forma Combined Total AUM Fact Sheet as Exhibit 99.2.

Does the MetLife (MET) filing describe financial statements related to the PineBridge acquisition?

The filing notes under Other Events that MetLife issued a fact sheet with pro forma combined total assets under management for MetLife Investment Management and PineBridge, but detailed financial statements are not included in this excerpt.