Apollo (APO) Withdraws from Brighthouse Financial Acquisition Race | APO Stock News
June 25, 2025 by GuruFocus News
Apollo (APO, Financial) decided not to proceed with its bid in the acquisition process for Brighthouse Financial, as reported from recent developments. During the final bidding round earlier this month, TPG and Aquarian Holdings, supported by Mubadala Capital from Abu Dhabi, each made offers slightly above Brighthouse Financial’s current market valuation.
While Apollo (APO, Financial), along with Blackstone and Carlyle, initially expressed interest, they ultimately opted not to submit proposals. The strategic decision by these firms highlights the complexities and considerations involved in high-stakes financial acquisitions.
Wink’s Moore on the Market: Wow.
The private equity firms are lining-up to purchase Brighthouse Financial. -sjm
Originally Posted at Guru Focus on June 24, 2025 by GuruFocus News.
Categories: Industry Articles
