Announced

Aquarian to merge with Brighthouse Financial in a $4.1bn deal.

Synopsis

Aquarian, a diversified global holding company, agreed to merge with Brighthouse Financial, a provider of annuity products and life insurance, in a $4.1bn deal. “The acquisition of Brighthouse Financial aligns perfectly with our strategic focus on the United States retirement market, which represents a significant and growing opportunity. Brighthouse Financial has built a strong foundation, and we are excited to support the Company in its next phase of growth. We plan to preserve Brighthouse Financial’s disciplined and thoughtful approach to distribution, products and services while accelerating its strategy through continued investment and customer focus,” Rudy Sahay, Aquarian Capital Founder and Managing Partner.

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