Brookfield Wealth Solutions Ltd. Announces Acquisition of Just Group PLC

SEC Filing 6-K (0001193125-25-169827)

Brookfield Wealth Solutions Ltd. (BWS) has announced a recommended cash acquisition of Just Group PLC (Just) through its wholly owned subsidiary, BWS Holdings Ltd. (Bidco). The acquisition values Just at approximately £2.4 billion, offering Just shareholders 220 pence per share, representing a significant premium over recent share prices. The acquisition is expected to be completed by the first half of 2026, subject to regulatory approvals and shareholder consent. BWS aims to combine Just with its UK insurance operations to create a leading player in the UK annuity and life insurance market. The acquisition is seen as a strategic move to enhance BWS's presence in the UK and leverage Just's strong market position and innovative platforms.