05:36 PM EDT, 07/15/2025 (MT Newswires) -- Brighthouse Financial ( BHF ) is in talks with Aquarian Holdings regarding an acquisition by the investment firm, The Wall Street Journal reported late Tuesday, citing sources.

The buyout of the US insurer could be completed within weeks, people familiar with the matter told the media outlet.

TPG (TPG) was among the potential suitors for Brighthouse. The private equity firm proposed a structured deal for only parts of Brighthouse but could not reach an agreement and did not submit a final bid, the sources added.

Brighthouse and Aquarian Holdings didn't immediately respond to requests for comments from MT Newswires.

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