checkAd

     169  0 Kommentare Canadian Regulators Approve Sale of Genworth’s Stake in Genworth MI Canada Inc. to Brookfield Business Partners

    BROOKFIELD, NEWS, Dec. 09, 2019 (GLOBE NEWSWIRE) -- Genworth Financial, Inc. (NYSE: GNW) and Brookfield Business Partners (NYSE: BBU) (TSX: BBU.UN) today announced that Brookfield Business Partners together with its institutional partners has received approval under the Insurance Companies Act (Canada) to purchase Genworth’s majority interest in Genworth MI Canada Inc. (Genworth Canada). All regulatory approvals required for the completion of this transaction have now been obtained.

    The parties expect to complete the Genworth Canada transaction on December 12, 2019.

    About Brookfield Business Partners
    Brookfield Business Partners is a business services and industrials company focused on owning and operating high-quality businesses that benefit from barriers to entry and/or low production costs.

    Brookfield Business Partners is the flagship listed business services and industrials company of Brookfield Asset Management, a leading global alternative asset manager with more than US$500 billion of assets under management. More information is available at www.brookfield.com.

    Brookfield Business Partners is listed on the New York and Toronto stock exchanges. Important information may be disseminated exclusively via the website; investors should go to https://bbu.brookfield.com to access this information.

    About Genworth Financial
    Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com. 

    From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com. From time to time, Genworth's publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth Mortgage Insurance Australia Limited, separately release financial and other information about their operations. This information can be found at http://genworth.ca and http://www.genworth.com.au.

    Seite 1 von 3


    globenewswire
    0 Follower
    Autor folgen

    Verfasst von globenewswire
    Canadian Regulators Approve Sale of Genworth’s Stake in Genworth MI Canada Inc. to Brookfield Business Partners BROOKFIELD, NEWS, Dec. 09, 2019 (GLOBE NEWSWIRE) - Genworth Financial, Inc. (NYSE: GNW) and Brookfield Business Partners (NYSE: BBU) (TSX: BBU.UN) today announced that Brookfield Business Partners together with its institutional partners has …