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0.010498687664042 0.010498687664042 0.010498687664042 0.010498687664042 0.010498687664042 0.036745406824147 0 0.0236220472440946
Stock impact report

Genworth and Oceanwide Extend Merger Agreement; Provide Update on Transaction with Oceanwide

Genworth Financial Inc (GNW) 
Last genworth financial inc earnings: 10/29 05:10 pm Check Earnings Report
US:NYSE Investor Relations: genworth.com/corporate/investors.html
Company Research Source: PR Newswire
RICHMOND, Va., March 14, 2019 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co. Ltd (Oceanwide) today announced they have agreed to a ninth waiver and agreement of each party's right to terminate the previously announced merger agreement. The ninth waiver and agreement extends the previous deadline of March 15, 2019 to April 30, 2019 in consideration of pending regulatory reviews.Genworth and Oceanwide continue to diligently pursue approval by Canadian regulators of the transaction.  As previously disclosed, the parties' discussions with the Canadian regulators have to date been focused on national security matters, including data protections and the safeguarding of our customers' personally identifiable information, consistent with the Enhanced Data Security Program that Genworth and Oceanwide have undertaken in connection with the clearance of the transaction by the Committee on Foreign Investment in the United States (CFIUS). While Genworth Show less Read more
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