US EditionBrighthouse Financial Stock Soars 26%: What Does a $70 Bid Mean for Investors?
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InvezzBrighthouse Financial stock soars 26%: what does a $70 bid mean for investors?
Brighthouse Financial stock (NASDAQ: BHF) surged 26% on Thursday after the Charlotte-based life insurer announced a definitive merger agreement with Aquarian Capital for $70 per share in an all-cash transaction valued at approximately $4.1 billion. The offer represents a 35.1% premium ...
The financial investor Aquarian Capital, supported by Abu Dhabi, concludes an agreement to acquire the US life insurance company Brighthouse Financial for $4.1 billion. This will end a year-long suspension of the insurance provider's future. The contribution Financial investor Aquarian buys US insurance company Brighthouse first appeared on insurance business today.
Abu Dhabi-Based Aquarian Capital to buy Brighthouse Financial for $4.1 Billion
Under the terms of the deal, Aquarian will pay $70 per share for Brighthouse, which is 37% higher than the closing price on January 27, just before rumors of a possible sale surfaced. Abu Dhabi-backed investment firm Aquarian Capital has made deals to buy Brighthouse Financial, a US life insurance annuities provider, for $4.1 billion. The deal will conclude the long saga of uncertainty about the life insurance annuities provider’s future. The de…
US - Aquarian Capital To Acquire Brighthouse Financial.
Skadden is representing Aquarian Capital LLC in connection with its announcement that an affiliate of the company will acquire Brighthouse Financial, Inc. in an all-cash transaction valued at approximately $4.1 billion. Brighthouse Financial will operate as a standalone entity within the Aquarian Capital portfolio following the close of the transaction. The transaction is expected to close in 2026 and is subject to customary closing conditions. …
Aquarian Capital to buy insurer Brighthouse
Abu Dhabi-backed financial investor Aquarian Capital has agreed to buy private US life insurance and annuity provider Brighthouse Financial in a $4.1 billion deal, culminating a long-running saga over the fate of the company. The all-cash deal adds to the expanding footprint of Middle Eastern wealth and investment funds across US financial services, as countries like Saudi Arabia deploy their enormous wealth to diversify their economy away from …
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