Genworth Financial Inc (NYSE:GNW)
$ 6.56 0.04 (0.61%) Market Cap: 2.83 Bil Enterprise Value: 2.45 Bil PE Ratio: 93.71 PB Ratio: 0.34 GF Score: 66/100

Genworth Financial Inc to Discuss the Company's Recent Transaction Update with Oceanwide - Conference Call Transcript

Jan 05, 2021 / 01:00PM GMT
Release Date Price: $2.75 (+2.23%)
Operator

Good morning, ladies and gentlemen, and welcome to Genworth Financial's January Special Call for investors. My name is Ali, and I will be your coordinator today. (Operator Instructions) As a reminder, the conference is being recorded for replay purposes. (Operator Instructions) I would now like to turn the presentation over to Tim Owens, Vice President of Investor Relations. Mr. Owens, you may proceed.

Tim Owens
Genworth Financial, Inc. - Director of Finance

Thank you, Ali. Good morning, everyone, and thank you for joining Genworth this morning for this special call. We are live today and all in remote locations, so please excuse any technical difficulties we may encounter. Today, we will discuss our most recent transaction update with Oceanwide and our efforts to advance the remaining steps of our contingency plan. Due to applicable security law restrictions, our comments regarding the status of preparations for an IPO of our U.S. Mortgage business will be limited to our prepared remarks.

You will hear from our President and Chief Executive Officer,

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