Brighthouse Financial (BHF), which was spun out of MetLife (MET) in 2017, is working with bankers at Goldman Sachs (GS) and Wells Fargo (WFC) to both consider offers for the whole company or separately to raise minority equity, two people familiar with the matter told Financial Times’ Sujeet Indap and Antoine Gara. Some of “the most prominent private capital managers” are expected to make bids for the U.S. provider life insurance and annuities, the report added, citing sources.
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