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Genworth kills long-delayed $2.7B acquisition
Acquisition by China's Oceanwide Holdings Group had been pending since 2016
Henrico County-based Fortune 500 insurer Genworth Financial Inc. announced Tuesday that it has formally terminated its long-delayed $2.7 billion acquisition by China-based Oceanwide Holdings Group Co. Ltd. The news follows
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Long-delayed Genworth acquisition postponed again
Acquisition by China-based Oceanwide Holdings Group delayed until Dec. 31
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Henrico-based Genworth Financial Inc. and China-based Oceanwide Holdings Group Co. Ltd. announced on Monday that Oceanside’s long-delayed $2.7 billion acquisition of Genworth has been reapproved by China’s National Development and
Genworth extends Chinese acquisition to March
$2.7B takeover by China Oceanwide Holdings Group was announced in 2016.
Published
Henrico County-based Fortune 500 insurance company Genworth Financial Inc. has extended the timeline for its long-delayed $2.7 billion takeover by China Oceanwide Holdings Group Co. Ltd. until March 31, the
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Genworth completes $1.8B sale of Canadian unit
The mortgage insurance deal is part of its effort in gain approval for China Oceanwide takeover.
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Henrico County-based Genworth Financial Inc. has completed the sale of the majority stake in its Canadian mortgage insurance company. The sale of Genworth MI Canada Inc. to Brookfield Business Partners