On the Record · Metlife
Metlife acquisitions, on the record
The businesses Metlife bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Raven Capital ManagementWord for word“In March 2023, the Company completed the acquisition of Raven Capital Management, an alternative investment firm.” 10-K for 2023 | acquisition | In March 2023 | — |
Affirmative Investment ManagementWord for word“In December 2022, the Company completed the acquisition of Affirmative Investment Management, a specialist global environmental, social and corporate governance impact fixed income investment manager.” 10-K for 2023 | acquisition | In December 2022 | — |
PNB MetLife India Insurance Company LimitedWord for word“In February 2022, the Company acquired approximately 15.0% ownership in PNB MetLife India Insurance Company Limited (“PNB MetLife”).” 10-K for 2023 | acquisition | In February 2022 | — |
PineBridge InvestmentsWord for word“For information regarding the Company’s pending acquisition of PineBridge Investments, a global asset manager, see Note 3 of the Notes to the Consolidated Financial Statements.” 10-K for 2024 | agreed acquisition | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $0 | — | — |
| 2017-12-31 | $211 million | — | $103 million |
| 2018-12-31 | $0 | — | — |
| 2019-12-31 | $32 million | $0 | $19 million |
| 2020-12-31 | $1.68 billion | $0 | $932 million |
| 2021-12-31 | $0 | $3.9 billion | — |
| 2022-12-31 | $35 million | — | $40 million |
| 2023-12-31 | $0 | — | $30 million |
| 2024-12-31 | $0 | — | — |
| 2025-12-31 | $738 million | — | $569 million |
Deal filings since 2016
- 2023-05-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-09 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-08-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Metlife’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.