After Years of Waiting for OK, Genworth Ends Buyout by China’s Oceanwide April 7, 2021 By Munsif Vengattil Genworth Financial Inc. has terminated a $2.7 billion buyout agreement with investment firm China Oceanwide Holdings Group Co., the U.S....
Genworth Eyes Partial IPO as $2.7B Deal with China Oceanwide Stalls January 5, 2021 By Andrew G. Simpson Genworth Financial and China Oceanwide Holdings Group Co. can’t seem to put the finishing touches on their agreement for Oceanworth...
China Renews OK of Oceanwide’s Stalled $2.7 Billion Purchase of Genworth December 2, 2020 U.S.-based Genworth Financial Inc. reported that Chinese officials have renewed their approval of China Oceanwide Holdings Group’s acquisition of Genworth’s...
U.S. Allows China’s Oceanwide Purchase of Insurer Genworth June 11, 2018 A U.S. panel that reviews foreign investments for potential national security threats has approved China Oceanwide Holdings Group’s purchase of...
Genworth Not Giving Up on Being Acquired by China’s Oceanwide January 4, 2018 By Diane Bartz Genworth Financial Inc. said on Wednesday it was pressing forward on its deal to be acquired by China’s Oceanwide Holdings...
China Oceanside’s Acquisition of Genworth Again Delayed by U.S. Review November 30, 2017 By David French and Liana B. Baker The closing deadline for China Oceanwide Holdings Group Co.’s proposed purchase of Genworth Financial Inc .has been extended for a...