Genworth Financial Inc (GNW.N)
* Genworth completes statutory cash flow testing for 2016 and provides New York regulatory update for the proposed China Oceanwide acquisition of Genworth
* Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S
* Genworth - Recorded non-cash charge of $265 million, or $0.53 per diluted share in Q3, related to deferred tax assets not expected to be utilized before expiration
Oct 25 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
BRIEF-Genworth Financial says Asia Pacific Global Capital to pay $105 mln if deal terminated due to change of recommendation
* Genworth Financial - to pay Asia Pacific Global Capital termination fee of $105 million if deal terminated due to change of recommendation or other circumstances
HONG KONG Little-known China Oceanwide Holdings Group Co pledged $3.8 billion in a deal to take control of U.S. insurer Genworth Financial Inc, the latest marker of Chinese firms accelerating a drive overseas while their domestic economy slows and the yuan weakens.
HONG KONG Little-known China Oceanwide Holdings Group Co pledged $3.8 billion in a deal to take control of U.S. insurer Genworth Financial Inc , the latest marker of Chinese firms accelerating a drive overseas while their domestic economy slows and the yuan weakens.
* Oceanwide founder Lu has low profile, good connections (Adds detail on Oceanwide founder, Genworth financials)
HONG KONG, Oct 24 China Oceanwide Holdings Group Co has agreed to buy U.S. insurer Genworth Financial Inc for $2.7 billion in cash, the latest in a series of moves by Chinese firms to buy overseas assets as their domestic economy slows and the yuan weakens.
* Upon completion of transaction, Genworth Financial, Inc. Will be a standalone subsidiary of china oceanwide
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