Virginia Regulator Reapproves Proposed Oceanwide Acquisition of Genworth's Virginia-Domiciled Insurance Companies
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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Source: PR Newswire
RICHMOND, Va., Jan. 11, 2019 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced that the Virginia State Corporation Commission, Bureau of Insurance, reapproved the proposed acquisition of control by Oceanwide of Genworth's Virginia-domiciled insurance companies, Genworth Life and Annuity Insurance Company and Jamestown Life Insurance Company, as contemplated under the merger agreement entered into by Genworth and Oceanwide on October 21, 2016. In addition to reapproval by the Virginia regulator, insurance regulators in North Carolina, South Carolina and Vermont also reapproved the proposed acquisition of control by Oceanwide of Genworth's subsidiaries domiciled in those states. Regulators in these four states had previously approved the transaction and reapproved after the parties filed supplemental information to reflect changes to the transaction that had occurred since the regulators' original approvals.
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GNW
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/11/24 - Form S-3ASR
- 4/8/24 - Form DEFA14A
- GNW's page on the SEC website