Brighthouse Jumps After Report of Bid by Sixth Street, Carlyle

Brighthouse Financial Inc. jumped as much as 8.3% Tuesday after Semafor reported that Sixth Street and Carlyle Group Inc. submitted a joint bid for the life insurer.

TPG Inc., Apollo Global Management Inc., Nippon Life Insurance-owned Resolution Life Group, Jackson Financial Inc. and RedBird Capital Partners-backed Aquarian Holdings also made offers for Charlotte, North Carolina-based Brighthouse, according to Semafor, which cited people familiar with the matter.

Brighthouse, which was spun off from MetLife Inc. about eight years ago, could be valued at as much as $9 billion, according to the report.

Shares of the ...