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Finance | Insurance 2023: THOMAS J. McINERNEY
PRESIDENT AND CEO, GENWORTH FINANCIAL, HENRICO COUNTY
The leader of a Fortune 500 insurance company, McInerney has come a long way since his first job as a newspaper carrier at age 12. Genworth, which provides life, mortgage
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December 2022 Top Five
Most-read daily news stories on VirginiaBusiness.com from Oct. 14 to Nov. 14
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The top five most-read daily news stories on VirginiaBusiness.com from Oct. 14 to Nov. 14 included an announcement of the acquisition of Charlottesville-based WillowTree Inc., which was founded in
Virginia companies weigh office returns
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Many companies in Virginia are taking a flexible approach on whether employees must return to work in offices or continue working remotely or via hybrid models. For instance, Capital One
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Genworth completes IPO for mortgage insurance subsidiary
Genworth reaps $535M in proceeds
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Henrico County-based Fortune 500 insurer Genworth Financial Inc. completed the once-delayed initial public offering of its mortgage insurance subsidiary, Raleigh, North Carolina-based Enact Holdings Inc., it announced Monday. Between the
Genworth launches IPO for mortgage insurance subsidiary
N.C.-based Enact Holdings Inc. will trade on Nasdaq under 'ACT'
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Nearly five months after it was first announced, Henrico County-based Fortune 500 insurer Genworth Financial Inc. on Monday launched an initial public offering for its private mortgage insurance subsidiary, Raleigh,
Genworth files for mortgage insurance biz IPO
Genworth Mortgage Holdings Inc. subsidiary may go public by mid-summer
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Henrico County-based Fortune 500 insurer Genworth Financial Inc. filed paperwork with the U.S. Securities and Exchange Commission Monday for a proposed initial public offering of the company’s mortgage insurance business.
Genworth kills long-delayed $2.7B acquisition
Acquisition by China's Oceanwide Holdings Group had been pending since 2016
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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
Genworth notifies employees of job cuts
Eliminations come at heels of frozen acquisition by Oceanwide
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Henrico County-based Genworth Financial Inc. has notified some employees of job cuts, a company spokesperson confirmed Wednesday. The job cuts come on the heels of the company’s Jan. 4 announcement
$2.7B Genworth acquisition is on hold
Deal is frozen; Genworth looks to possible IPO of mortgage insurance business
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UPDATED JAN. 5 Henrico County-based Genworth Financial Inc.’s planned $2.7 billion acquisition by China-based Oceanwide Holdings Group Co. Ltd. has been frozen. In late November, the companies announced that Oceanwide’s
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