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BRIEF-Genworth And Oceanwide Extend Merger Agreement

Published 28/03/2018, 07:19 am
© Reuters.  BRIEF-Genworth And Oceanwide Extend Merger Agreement
GNW
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March 27 (Reuters) - Genworth Financial Inc (NYSE:GNW) GNW.N :

* GENWORTH AND OCEANWIDE EXTEND MERGER AGREEMENT

* SAYS FOURTH WAIVER AND AGREEMENT EXTENDS PREVIOUS DEADLINE OF APRIL 1, 2018 TO JULY 1, 2018

* SAYS ‍TRANSACTION APPROVED BY AUSTRALIA REGULATOR​

* SAYS CO AND OCEANWIDE DISCUSSING OPTIONS FOR REDUCING DEBT​

* SAYS CO, OCEANWIDE AGREED TO A FOURTH WAIVER AND AGREEMENT OF EACH PARTY'S RIGHT TO TERMINATE MERGER AGREEMENT

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