10:12 AM EST, 11/06/2025 (MT Newswires) -- (Updates with latest stock movement in the last paragraph and headline.)

Brighthouse Financial ( BHF ) has agreed to be acquired by an Aquarian Capital affiliate for $70 per share in an all-cash deal valued at about $4.10 billion, the companies said Thursday.

The deal will likely be completed in 2026, the companies said.

Shares of Brighthouse were up 27% in recent Thursday trading.

Price: 65.87, Change: +14.07, Percent Change: +27.15