“China Oceanwide Renews Genworth Deal Financing Arrangement,” by Allison Bell, ThinkAdvisor
 

 

Quote:

“Genworth Financial Inc. says its would-be buyer, China Oceanwide Holdings Group Co. Ltd., has confirmed having one part of the deal financing in place and is now working on finalizing the rest of the financing. China Oceanwide agreed to pay a total of $2.7 billion for Genworth in October 2016.”

 

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

The finish line?