Brighthouse Financial stockholders approve merger with Aquarian Capital

Brighthouse Financial (BHF) announced that at a special meeting of stockholders held earlier, its common stockholders voted to adopt the previously announced definitive merger agreement under which an affiliate of Aquarian Capital will acquire the company in an all-cash transaction valued at approximately $4.1B. Under the terms of the merger agreement, Brighthouse Financial’s common stockholders will receive $70.00 in cash per share upon consummation of the transaction. The transaction is expected to close in 2026 and remains subject to customary closing conditions and regulatory approvals.