Brighthouse Financial, Inc. (BHF): $66.01
Market Cap: $3.77B
Deal Size: $4.1B
Abu Dhabi-backed financial investor Aquarian Capital entered a merger agreement on November 6, 2025, to acquire U.S. life insurance and annuity provider Brighthouse Financial in a deal valued at $4.1 billion, bringing to a close a long-running saga surrounding the future of the life insurance and annuity products provider.
Each issued and outstanding share of Brighthouse Financial common stock will be entitled to receive $70 in cash, representing a premium of 35.14% from the stock’s last close. As of now, the deal is trading at a spread of 6.04%, implying an annualized return of 5.28%.