A person wearing a protective face mask enters the New York Stock Exchange (NYSE) in New York on Wednesday, June 17, 2020. Photo: BloombergA person wearing a protective face mask enters the New York Stock Exchange (NYSE) in New York on Wednesday, June 17, 2020. Photo: Bloomberg
A person wearing a protective face mask enters the New York Stock Exchange (NYSE) in New York on Wednesday, June 17, 2020. Photo: Bloomberg

China Oceanwide’s 1,400-day takeover odyssey is the epic journey that refuses to end amid deteriorating US-China ties

  • China Oceanwide Holdings Group agreed in October 2016 to buy Genworth Financial in Richmond, Virginia for US$2.7 billion
  • More than three years later, the transaction is still dragging on, while Genworth shares closed Monday at 51 per cent below the bid price

Topic |   Mergers & Acquisitions
A person wearing a protective face mask enters the New York Stock Exchange (NYSE) in New York on Wednesday, June 17, 2020. Photo: BloombergA person wearing a protective face mask enters the New York Stock Exchange (NYSE) in New York on Wednesday, June 17, 2020. Photo: Bloomberg
A person wearing a protective face mask enters the New York Stock Exchange (NYSE) in New York on Wednesday, June 17, 2020. Photo: Bloomberg
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