FIFTH WAIVER AND AGREEMENTFifth Waiver and Agreement • June 28th, 2018 • Genworth Financial Inc • Life insurance
This FIFTH WAIVER AND AGREEMENT, dated as of June 28, 2018 (this “Waiver”), 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 • June 28th, 2018 • Genworth Financial Inc • Life insurance
Richmond, VA (June 28, 2018) – Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced they have agreed to a fifth waiver and agreement of each party’s right to terminate the previously announced merger agreement. The fifth waiver and agreement extends the previous deadline of July 1, 2018 to August 15, 2018 to allow additional time for continued regulatory review of the transaction.
