Brighthouse Financial Cancels Q3 Call Amid $70 Per Share Merger
Brighthouse Financial, Inc. announced today that it has entered into a definitive merger agreement with Aquarian Capital, valuing the company at $70.00 per common share in cash. Following this significant development, the company has also decided to cancel its scheduled conference call and audio webcast to discuss its third-quarter financial results for the period ending September 30, 2025.
Originally set for 8:00 a.m. Eastern Time on November 7, 2025, the call will not take place, although Brighthouse still plans to release its third-quarter earnings and financial supplement later today, after market close.
The company provided preliminary financial metrics that highlight its current position. Brighthouse Financial reported a statutory combined total adjusted capital of $5.4 billion and an estimated combined risk-based capital ratio ranging from 435% to 455%. Additionally, the holding company liquid assets stand at $1.0 billion.
About Brighthouse Financial
Founded with the mission to help individuals achieve financial security, Brighthouse Financial is one of the largest providers of annuities and life insurance in the United States. The company specializes in products that are designed to help customers protect their earnings and ensure financial stability over the long term.
The merger with Aquarian Capital marks a pivotal moment for Brighthouse Financial, which has faced various market challenges. While the announcement has generated considerable interest, it also brings inherent risks and uncertainties typical of significant corporate transactions.
In its communication, Brighthouse Financial included a cautionary note regarding forward-looking statements. The company highlighted that these statements are subject to various risks and uncertainties that could lead to actual outcomes differing materially from those projected. Factors influencing these outcomes may include changes in market conditions, regulatory environments, and operational challenges.
The company’s announcement emphasizes the importance of reading relevant documents, including future proxy statements that will be filed with the U.S. Securities and Exchange Commission (SEC). Investors and security holders are encouraged to review these materials for comprehensive insights about the proposed merger.
Looking Ahead
As Brighthouse Financial transitions into this new phase under Aquarian Capital’s ownership, stakeholders will be keenly observing how the merger will influence its operational strategies and overall market presence. The cancellation of the conference call may indicate a shift in the company’s focus as it prepares for the merger’s implications on its financial reporting and strategic direction.
This development underlines the dynamic nature of the financial services industry, where corporate mergers can significantly alter competitive landscapes and reshape the future of established entities. As the merger progresses, further updates from Brighthouse Financial are anticipated, particularly regarding its integration strategy and financial performance post-acquisition.
For additional information, Brighthouse Financial maintains an investor relations website where stakeholders can access filings and updates related to the merger and other corporate activities.