Aquarian $4.1 billion Brighthouse deal delayed as regulators investigate
Aquarian’s $4.1 billion deal to purchase life insurer Brighthouse Financial (NASDAQ:BHF) has been delayed while regulators investigate the transaction. Delaware’s insurance regulator questioned Aquarian founder Rudy Sahay about sources of capital backing the purchase in a closed-door meeting.
1 billion agreement to buy life insurer Brighthouse Financial NASDAQ:BHF has been delayed while regulators examine the transaction. Delaware’s insurance regulator recently questioned Aquarian founder Rudy Sahay in a closed-door meeting about the firm’s sources of capital supporting the purchase.