Genworth announces merger agreement extension to september 30, steps to enhance liquidity

Genworth announces merger agreement extension to september 30, steps to enhance liquidity.genworth financial - co & oceanwide announced they agreed to waiver and agreement to terminate previously announced merger agreement.genworth financial - waiver extends previous deadline of june 30, 2020 to no later than september 30, 2020.genworth financial - taking steps to address near-term liabilities.genworth financial - steps to address near-term liabilities expects steps to include a debt offering in near term.genworth financial - taking necessary steps to launch 19.9 percent ipo of co's u.s. mortgage insurance business.genworth financial - extension gives oceanwide additional time to finalize financing for transaction purchase price.genworth financial - oceanwide indicated financing for deal been delayed due to covid-19 pandemic & macroeconomic conditions.
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