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Aquarian Holdings, main a consortium, is in “superior” negotiations to amass Brighthouse Monetary, with a possible supply starting from $65 to $70 per share, reported Bloomberg, citing sources.
The deal may worth the insurance coverage service supplier at roughly $4bn, the information company famous.
Aquarian is collaborating with co-investors such because the Qatar Funding Authority and Mubadala Capital, that are anticipated to contribute greater than half of the capital for the acquisition.
Brighthouse could quickly resolve whether or not to proceed with the sale or keep its independence, stated sources.
Whereas the talks are ongoing, no definitive determination has been made, and the discussions may nonetheless fail to lead to an settlement.
A Brighthouse consultant has refused to remark and Aquarian has not but responded to requests for remark from Bloomberg on the deal.
Brighthouse is thought for working within the annuities and life insurance coverage sectors.
Within the second quarter of 2025 (Q2 2025), the corporate reported internet revenue accessible to shareholders of $60m, a rise from $9m in the identical quarter the earlier 12 months.
Nevertheless, adjusted earnings dropped to $198m throughout the quarter, from $346m reported in Q2 2024.
The corporate’s Life phase reported an adjusted lack of $26m within the present quarter, a decline from adjusted earnings of $42m in Q2 2024.
The Run-off phase additionally noticed an adjusted lack of $83m, in comparison with a $30m loss within the prior 12 months’s quarter.
Moreover, the Annuities phase maintained its adjusted earnings at $332m, according to Q2 2024’s efficiency.
In March 2025, Aquarian introduced the creation of Aquarian Insurance coverage Holdings to “optimise progress and synergies” inside its reinsurance and retail insurance coverage companies.
“Aquarian Holdings leads consortium to purchase Brighthouse Monetary ” was initially created and printed by Life Insurance coverage Worldwide, a GlobalData owned model.
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