Aquarian Holdings is in advanced talks to take Brighthouse Financial (BHF) private in a $4B deal that could be announced as soon as this weekend, The Financial Times’ Antoine Gara and Sujeet Indap report. According to three people familiar with the matter, Aquarian will pay up to $70 per share, a 40% premium to Brighthouse’s equity price in January.
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Read More on BHF:
- Brighthouse Financial call volume above normal and directionally bullish
- Sixth Street in talks to buy Brighthouse for about $55 per share, Reuters says
- Brighthouse in talks to sell to Sixth Street for $55 per share, Reuters says
- Brighthouse Financial price target lowered to $55 from $65 at Evercore ISI
- Brighthouse Financial price target raised to $46 from $42 at Morgan Stanley
