Explore All 796 Divestiture Insurance Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | January 14, 2019 |
| Target | Genworth Life Insurance Co. |
| Sector | Insurance |
| Buyer(s) | China Oceanwide Holdings |
| Sellers(s) | Genworth Financial |
| Deal Type | Divestiture |
FILTER BY
China Oceanwide Holdings is a diversified conglomerate with businesses that include operations in financial services, energy, culture and media, and real estate assets globally, and in the United States.
| Deal Context for Buyer | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Insurance | 2 of 2 |
| Type: Divestiture | 1 of 1 |
| State: Virginia | 2 of 2 |
| Country: United States | 2 of 2 |
| Year: 2019 | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-23 |
Genworth Financial
Richmond, Virginia, United States Genworth Financial, Inc. is a provider of individual and group long-term care insurance products to meet growing consumer needs for long-term care. The Company's life insurance products protect people during unexpected events. In the United States, retirement products include various types of annuity and guaranteed retirement income products. Genworth also facilitates homeownership in the United States and internationally by providing mortgage insurance products that allow people to purchase homes with low down payments while protecting lenders against the risk of default. Through homeownership education and assistance programs, Genworth also helps people keep their homes when they experience financial difficulties. |
Buy | $2.7B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-03 |
IDG
Needham, Massachusetts, United States IDG provides market intelligence for the fast-growing technology industry. For more than five decades, it has delivered proprietary insights and data for technology suppliers and buyers on every major shift in the technology market -- from the invention of the personal computer and launch of the iPhone to the emergence of cloud computing and artificial intelligence. IDG was founded in 1964 and is based in Needham, Massachusetts. |
Sell | $1.3B |
| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Insurance |
| Employees | 4,100 |
| Revenue | 8.5B USD (2015) |
Genworth Financial, Inc. is a provider of individual and group long-term care insurance products to meet growing consumer needs for long-term care. The Company's life insurance products protect people during unexpected events. In the United States, retirement products include various types of annuity and guaranteed retirement income products. Genworth also facilitates homeownership in the United States and internationally by providing mortgage insurance products that allow people to purchase homes with low down payments while protecting lenders against the risk of default. Through homeownership education and assistance programs, Genworth also helps people keep their homes when they experience financial difficulties.
| Deal Context for Seller | # |
|---|---|
| Overall | 10 of 11 |
| Sector: Insurance | 5 of 6 |
| Type: Divestiture | 9 of 10 |
| State: Virginia | 2 of 2 |
| Country: United States | 9 of 9 |
| Year: 2019 | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-24 |
Genworth Financial - Term Life New Business Platform
Lynchburg, Virginia, United States Genworth Financial, Inc. - Term Life New Business Platform is a provider of low-cost life insurance protection products to the mass market. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-22 |
Genworth MI Canada
Oakville, Ontario, Canada Genworth MI Canada, Inc. is a private residential mortgage insurer providing mortgage default insurance to residential mortgage homebuyers, lenders, brokers, and realtors. Genworth MI Canada was founded in 1995 and is headquartered in Oakville, Canada. |
Sell | - |
