China Oceanwide to buy Genworth Financial for $US2.7 billion

, , Comments Off on China Oceanwide to buy Genworth Financial for $US2.7 billion

China Oceanwide has agreed to buy all the shares in New York-listed Genworth Financial, which is the 52 per cent shareholder of Genworth Mortgage Insurance Australia (GMIA). China Oceanwide is set to become the biggest shareholder in Australia’s …
( read original story …)