Brighthouse closes up after report Sixth Street looking to revive bid

Brighthouse Financial

22/09/2026 21:27

** Life insurer Brighthouse Financial's BHF.O shares close up 4% at $51.90
** Sixth Street is looking to renew its long-shot bid to acquire BHF, Bloomberg News reports, citing people with knowledge of matter
** Talcott Financial Group, an insurer backed by Sixth Street, sent a private letter to BHF last month reaffirming its bid to takeover the insurance and annuity provider if a current deal falls through, the report adds
** Aquarian Capital last year agreed to buy Brighthouse in a $4.1 billion deal, which is yet to close and remains under regulatory review 
** As of last close, BHF down 19.9% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))