Brighthouse Financial (BHF) soared 29% premarket after Aquarian Capital agreed to acquire it for $70 per share in cash, valuing the deal at $4.1 billion, a 35% premium to Wednesday's close. Brighthouse will remain a standalone unit under Aquarian portfolio, led by CEO Eric Steigerwalt. The acquisition is expected to close in 2026.
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08:38 pm on
06 Nov