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Genworth, Oceanwide still need to finalize deal financing

Genworth Financial (NYSE:GNW) drops 14% after China Oceanwide and Genworth for a 14th time extend the deadline to complete Oceanwide’s proposed acquisition of Genworth.
Extends deadline to June 30 from March 31, but the companies are targeting to complete the transaction at the end of May.
Virginia reapproves the deal, giving Oceanwide …

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