BEIJING—Lu Zhiqiang, the head of the Beijing-based company that has agreed to pay cash for Genworth Financial, has had decades of experience with complicated projects that involve delicate negotiations with government officials. That is according to an article written by GlobeSt.com's sister publication Life Health Pro.
The articles says that securities analysts on a conference call Monday asked executives from Richmond, VA-based Genworth Financial about how they would get a major component of the deal approved by Delaware insurance regulators.
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