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Genworth schedules annual meeting as China Oceanwide deal remains pending

Genworth Financial Inc. will hold its annual stockholders meeting for 2019 on Dec. 12 if its deal with China Oceanwide Holdings Group Co. Ltd. is still not closed by that date.

Holders of record of Genworth's class A common stock on Oct. 18 will be qualified to vote at the meeting.

The meeting was scheduled to comply with the New York Stock Exchange's listing standards. If the two companies' proposed merger closes by Dec. 12, Genworth will not hold an annual meeting.

The deadline for the companies' transaction to close was previously extended to Dec. 31 from Nov. 30. The two companies remain committed to satisfying the closing conditions under the deal, according to a filing.