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Genworth Financial acquisition delayed again

Newest agreement extends transaction through Sept. 30

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The $2.7 billion acquisition of Henrico County-based Genworth Financial Inc. by China-based Oceanwide Holdings Group Co. Ltd. has been postponed — yet again — the companies announced Tuesday. The Virginia…

Genworth Financial acquisition delayed again

Deal to acquire Fortune 500 insurance holding company extended to June 30.

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The long-delayed $2.7 billion acquisition of Henrico County-based Genworth Financial Inc. by China Oceanwide Holdings Group Co. Ltd. has been postponed again. The Virginia State Corporation Commission’s Bureau of Insurance…

Genworth Financial moves closer to acquisition

Long-delayed takeover of Fortune 500 insurance holding company clears another hurdle

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Henrico County-based Genworth Financial Inc. has cleared another regulatory hurdle in its long-delayed takeover bid by China Oceanwide Holdings Group Co. Ltd.  On Tuesday, the New York State Department of Financial…

Genworth extends Chinese acquisition to March

$2.7B takeover by China Oceanwide Holdings Group was announced in 2016.

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Henrico County-based Fortune 500 insurance company Genworth Financial Inc. has extended the timeline for its long-delayed $2.7 billion takeover by China Oceanwide Holdings Group Co. Ltd. until March 31, the…

Genworth completes $1.8B sale of Canadian unit

The mortgage insurance deal is part of its effort in gain approval for China Oceanwide takeover.

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Henrico County-based Genworth Financial Inc. has completed the sale of the majority stake in its Canadian mortgage insurance company. The sale of Genworth MI Canada Inc. to Brookfield Business Partners…