China Oceanwide Committed to Putting More Money into Genworth

Regulators in New York became favorably disposed to China Oceanwide’s acquisition of Genworth after the buyer committed to significantly increase its financial commitment, accordingfeatured

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 evenfeatured

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