Genworth/China Oceanwide Have Third Party Provider

During its annual shareholder meeting on December 13, Genworth said it was encouraged by the progress it is making on mitigation measures with a third-party provider designed tofeatured

Pace of State Approvals Picks Up in Genworth/China Oceanwide Deal

China Oceanwide’s purchase of Genworth Financial for $2.7 billion has faced a number of hurdles, including multiple state insurance department reviews, as well as an in-depth examinationfeatured

Genworth/China Oceanwide Working with Regulators

An attorney who worked on a previous China Oceanwide deal that successfully cleared the Committee on Foreign Investment in the United States told CTFN that the Genworth dealfeatured

Genworth/China Oceanwide Update

Updated at 1:03pm EST – (adds additional comment from VA) – Genworth reported along with its August 1 earnings that the company and China Oceanwide have agreed in principle to extend the deadline for the termination of the parties’ merger agreement to November 30featured

Genworth/Oceanwide State Approval Process Slowed by Paperwork

China Oceanwide’s $2.7 billion acquisition of Richmond, Virginia-based Genworth Financial continues to wait on state insurance regulators who arefeatured

Genworth/Oceanwide Deal Moving Slowly Towards Approvals

State regulatory reviews of China Oceanwide’s $2.7 billion acquisition of Genworth continue, though the reviews have been slowed by the amount of information beingfeatured

Oceanwide Pull and Refile of Genworth CFIUS Application a Timing Issue

The cause of the pull and refile of China Oceanwide’s application for the purchase of Genworth with the Committee on Foreign Investment in the United States is due to timing issues,featured

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

Government Argues MetLife Too Big To Fail Tag Not Arbitrary

An attorney for the Department of Justice told a federal appeals panel Monday that the decision by the Financial Stability Oversight Council designating MetLife as too big to fail was done with careful deliberation and was not arbitrary and capricious, as a lower court ruled on March 30. Mark Stern, the government’s lead lawyer in … Read Morefeatured

T photography / Shutterstock.com

MetLife in Limbo as Government Pursues Too-Big-to-Fail Designation

The battle over the too-big-to-fail designation for MetLife will commence anew when the government airs its appeal of a federal court ruling that the government overstepped its authority in naming the insurance giant a systemically important financial institution, but experts expect the case to go all the way to the Supreme Court either way the … Read Morefeatured

T photography / Shutterstock.com
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