---
schema_version: "secwatch.filing_event.v1"
accession: "0001685040-25-000067"
form_type: "8-K"
ticker: "BHF"
cik: "0001685040"
company_name: "Brighthouse Financial, Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:47:27.560726+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Brighthouse Financial to be acquired by Aquarian Capital for $70 per share, expects closing in 2026

## Summary
- All-cash transaction valued at $70.00 per Brighthouse common unit.
- Brighthouse will operate as a standalone entity within Aquarian; CEO Eric Steigerwalt remains.
- Headquarters in Charlotte, NC, and the Brighthouse brand name will continue.
- Transaction expected to close in 2026, subject to stockholder and regulatory approvals.
- Aquarian Capital has ~$25.6B in assets under management as of June 30, 2025.

## SEC filing metadata
- accession: 0001685040-25-000067
- form_type: 8-K
- ticker: BHF
- cik: 0001685040
- company_name: Brighthouse Financial, Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1685040/000168504025000067/0001685040-25-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1685040/000168504025000067/bhf-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001685040-25-000067
- JSON: https://secwatch.observer/filing/0001685040-25-000067.json
- Plain text: https://secwatch.observer/filing/0001685040-25-000067.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.