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After Years of Waiting for OK, Genworth Ends Buyout by China’s Oceanwide

April 7, 2021/in Business Moves & Mergers, China investment in U.S. insurance, China Oceanwide Genworth, Committee on Foreign Investment in the United States (CFIUS), National News /by wpmaddoxins

Genworth Financial Inc. has terminated a $2.7 billion buyout agreement with investment firm China Oceanwide Holdings Group Co., the U.S. insurer said on Tuesday. Originally proposed in October 2016, the merger was stalled for years over concerns about Chinese access …

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https://www.maddoxinsured.com/wp-content/uploads/2021/04/fb_image-17.jpeg 326 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2021-04-07 01:00:032021-04-07 15:03:38After Years of Waiting for OK, Genworth Ends Buyout by China’s Oceanwide

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