Mon 04/29/2019 14:13 PM
Takeaways
- Genworth and China Oceanwide, which have already extended their merger nine times since its announcement in October 2016, are likely to extend the April 30 termination date to allow Canadian financial regulators more time to complete their review.
- The merging parties last provided an update of the status of their discussions with Canada on March 14, making clear that while Investment Canada Act clearance had been obtained in December 2016, the parties had not received...
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