Private-equity firms are circling life insurer Brighthouse Financial (BHF) in what could be a $9B takeover, reported Semafor. Sixth Street and Carlyle (CG) submitted a joint bid for the company, people familiar with the matter said, and offers are on the table from TPG, Apollo (APO), Nippon-owned Resolution Life, Jackson Financial, and Aquarian Holdings. Brighthouse, which the Financial Times reported in January was looking for a buyer, declined to comment, Semafor added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHF:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue