SECOND WAIVER AND AGREEMENTSecond Waiver and Agreement • November 29th, 2017 • Genworth Financial Inc • Life insurance
This SECOND WAIVER AND AGREEMENT, dated as of November 29, 2017 (this “Agreement”), is by and among Genworth Financial, Inc., a Delaware corporation (the “Company”), Asia Pacific Global Capital Co., Ltd., a limited liability company incorporated in the People’s Republic of China (“Parent”), and Asia Pacific Global Capital USA Corporation, a Delaware corporation (“Merger Sub”) (each of the Company, Parent and Merger Sub, a “Party” and collectively, the “Parties”). Any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Merger Agreement (as defined below).
Genworth and Oceanwide Extend Merger AgreementGenworth and Oceanwide Extend Merger Agreement • November 29th, 2017 • Genworth Financial Inc • Life insurance
Richmond, VA (November 29, 2017) – Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced they have agreed to a second waiver and agreement of each party’s right to terminate the previously announced merger agreement. The second waiver and agreement extends the previous deadline of Nov. 30, 2017, to April 1, 2018, and allows additional time for regulatory reviews of the transaction.
