Genworth-China Oceanwide Deal in Doubt

The likelihood that regulators will approve China Oceanwide Holdings’ $2.7 billion, or $5.43 per share, acquisition of Genworth Financial is slim, several attorneys told CTFN.

“I don’t see this deal happening no way and no how,” an insurance regulatory attorney close to Genworth said. “This is even

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Diane Alter

Diane Alter

Diane Alter began covering stories for CTFN in September of 2014, and has since developed an extensive network of contacts in the antitrust community and among academia, institutional shareholders, and corporate leaders. Diane previously reported on business and markets for publications including CNN Money, CBS News, the San Francisco Chronicle, Boston.com, IPO News, AOL Finance, and Yahoo Finance. Diane attended Virginia Tech and Penn State and has a business management degree from Brookdale College.

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