Aquarian Holdings leads consortium to buy Brighthouse Financial

Aquarian Holdings, leading a consortium, is in “advanced” negotiations to acquire Brighthouse Financial, with a potential offer ranging from $65 to $70 per share, reported Bloomberg, citing sources. The deal could value the insurance service provider at approximately $4bn, the news agency noted. Aquarian is collaborating with co-investors such as the Qatar Investment Authority and Mubadala Capital, which are expected to contribute more than half of the capital for the acquisition. Brighthouse may soon d ...