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GMICF - Brookfield Business Partners to buy Genworth MI Canada in $1.8B deal
Sagen MI Canada Inc Com
Genworth Financial (NYSE:GNW) jumps 19% in premarket trading after Brookfield Business Partners (NYSE:BBU) agrees to buy GNW's majority stake in Genworth MI Canada (OTCPK:GMICF), the largest private sector residential mortgage insurer in Canada, in a transaction valued at C$2.4B (US$1.8B).
More news on: Brookfield Business Partners L.P., Genworth Financial, Inc., Genworth MI Canada Inc., Financial stocks news, Merger & acquisition news,