Genworth pulls back notice on $2.7bn Oceanwide deal

Insurer Genworth Financial withdrew a notice of its pending
$2.7bn acquisition by China Oceanwide from consideration by the
Committee on Foreign Investment in the United States, or Cfius,
saying it would be refiled with "additional mitigation"
proposals but warning that the deal may not be consumated.
"We are evaluating options to address our upcoming debt
maturities and preserve the value of our businesses in the event
the transaction with Oceanwide cannot be completed," said
Genworth CEO Tom M