Monday,Genworth Financial, Inc. (GNW) said that its Canadian mortgage insurance subsidiary, Genworth MI Canada Inc., has priced its initial public offering in Canada of 44.7 million common shares at C$19.00 per share.
Archive for June, 2009
Genworth Announces Canadian IPO Of 44.7 Mln. Common Stock At C$19/share - Quick Facts
Tuesday, June 30th, 2009Republicans Take Aim At Sotomayor After Supreme Court Reversal
Tuesday, June 30th, 2009Prominent Republicans have taken aim at United States Supreme Court nominee Sonia Sotomayor today in the wake of the United States Supreme Court’s ruling that 20 firefighters in New Haven, Connecticut were the victims of reverse discrimination. The decision overruled a lower court ruling upheld in 2008 by an appeals court panel that included Sotomayor. The lower court ruled in favor of New Haven, saying the city acted appropriately to avoid discrimination.
Obama Announces Energy Efficiency Initiatives
Tuesday, June 30th, 2009President Barack Obama announced a new initiative Monday seeking to make the United States use energy more efficiently. Speaking at the White House, Obama said that some of the first, yet most important steps could be made using relatively simple adjustments.
Encore Acquisition To Buy EXCO’s Assets In Mid-Continent, East Texas; To Sell Rockies And Permian Basin Assets - Update
Tuesday, June 30th, 2009Encore Acquisition Co., engaged in the acquisition and development of oil and natural gas reserves from onshore fields, Monday announced definitive agreements with Dallas, Texas-based EXCO Resources, Inc. and an affiliate EXCO Operating Co., LP to acquire oil and natural gas properties in the Mid-Continent and East Texas for $375 million in cash. The acquisition is expected to close in August 2009 and will be effective as of April 1, 2009.
KB Financial Reportedly Switches Underwriters For $2 Bln Rights Offering
Tuesday, June 30th, 2009Seoul-based KB Financial Group Inc., the owner of South Korea’s largest bank, selected Goldman Sachs Group Inc. and Morgan Stanley as underwriters to arrange its $2 billion rights offering, replacing major banks amid a dispute over fees, media reported Monday citing people familiar with the matter.