Genworth Financial Inc (GNW.N)
|Market Cap (Mil.):||$8,153.89|
|Shares Outstanding (Mil.):||496.28|
(Repeats story published late Thursday; no change to text)
SYDNEY, May 15 - The U.S.'s Genworth Financial Inc said on Thursday it has raised A$583 million ($546.36 million) by selling 34 percent of its Australian subsidiary in what will briefly be the country's biggest initial public offering (IPO) of the year.
SYDNEY, May 14 - U.S. financial services giant Genworth Financial Inc will sell 34 percent of Australian subsidiary Genworth Mortgage Insurance Australia Ltd in the country's second-biggest public float of the year, a source involved in the sale said.
April 29 - Mortgage and life insurer Genworth Financial Inc reported a better-than-expected rise in quarterly profit, helped by a near-doubling in income from its long-term care insurance business.
April 29 - Genworth Financial Inc reported a 79 percent rise in quarterly profit helped by higher income from its global mortgage insurance and U.S. life insurance businesses.
April 23 - Genworth Financial Inc revived plans for an initial public offering of its Australian mortgage insurance unit, nearly two years after it pushed back the IPO citing unfavorable market conditions in that country.
Feb 4 - Life and mortgage insurer Genworth Financial Inc reported a 24 percent rise in quarterly profit, helped by strong performance in its U.S. mortgage insurance business.
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