12:38 PM EDT, 09/19/2025 (MT Newswires) -- Brighthouse Financial ( BHF ) is in advanced negotiations over a potential $65 to $70 per share takeover by a consortium led by Aquarian Holdings, valuing the annuity provider at up to $4 billion, Bloomberg reported Friday, citing people familiar with the matter.

Aquarian is working with Mubadala Capital and the Qatar Investment Authority, which are expected to provide more than half the capital for the proposed deal.

Brighthouse may decide as soon as next week whether to move forward with a sale or remain independent, according to the report.

No final decision has been made, and discussions could still collapse, the report added.

Shares of Brighthouse Financial ( BHF ) jumped more than 27% in recent trading.

Brighthouse Financial ( BHF ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 57.59, Change: +12.33, Percent Change: +27.24