Brighthouse Financial, Inc. stockholders approved the company's acquisition by an affiliate of Aquarian Capital LLC in an all-cash transaction valued at approximately $4.1 billion, with stockholders to receive $70.00 per share. The transaction is expected to close in 2026, subject to customary closing conditions and regulatory approvals.
Key takeaways
Stockholders approved the Merger Proposal to acquire Brighthouse Financial by an affiliate of Aquarian Capital LLC.
The all-cash transaction is valued at approximately $4.1 billion.
Common stockholders will receive $70.00 in cash per share upon consummation.
The transaction is expected to close in 2026, subject to customary closing conditions and regulatory approvals.
Stockholders also approved, on an advisory basis, merger-related compensation for named executive officers.
A quorum of approximately 69.7% of eligible shares was present at the February 12, 2026 special meeting.