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Stock impact report

Genworth and Oceanwide Extend Merger Agreement

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., Dec. 23, 2019 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co. Ltd (Oceanwide) today announced they have agreed to a 13th waiver and agreement of each party's right to terminate the previously announced merger agreement. The 13th waiver and agreement extends the previous deadline of December 31, 2019 to no later than March 31, 2020.The 13th Waiver also provides termination rights for Oceanwide to the extent that regulators subsequently impose materially adverse conditions on the transaction. In addition, the waiver provides that the parties will mutually agree upon a closing date after the receipt of all required regulatory approvals. In the event Genworth and Ocea Read more
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