China Oceanwide
China Oceanwide to Acquire Genworth Financial for $US2.7-B
| Ellie Froilan | | Oct 24, 2016 04:09 AM EDT |
China Oceanwide Holdings Group Co. will acquire Genworth Financial Inc. for $2.7 billion in cash to extend aid to the U.S. firm in managing as persistent low interest rates and rising costs stumble down its business.
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