A local Fortune 500 company’s deal to be acquired and taken private by a Chinese conglomerate has caught the ire of at least one disgruntled investor.
Shareholder sues to block $2.7B Genworth deal
Banking
Abingdon bank is Richmond-bound
A $1.5 billion privately held institution headquartered in Abingdon, Virginia has secured its first physical presence in the Richmond market.
Another bank merger to shake up Richmond market
The coupling of regional banks continues, this time in a deal that reaches from the Northern Neck down to the Tri-Cities.
Matrix taps into Texas
With its eye on deals around the Southwest, a downtown Richmond-based investment banking firm has set up shop in the Lone Star State.
Local firm strikes deal out west
In search of its first acquisition, a West End financial firm landed in a tiny town in the Shenandoah Valley.
Richmond bank investor makes play in Fredericksburg
A veteran Virginia bank investor, who in recent years bought major chunks of at least two Richmond-based institutions, has made a similar move in Fredericksburg.
Class-action law firms swoop in on Genworth deal
Law firms around the country wasted little time in pouncing on the proposed $2.7 billion deal that will put locally based Genworth Financial under ownership of a Chinese conglomerate.
NoVa banking deal causes Richmond ripples
The latest in a wave of Virginia bank mergers will have a trickle-down effect into Richmond.
SunTrust backs out of new downtown tower
Less than a year after announcing its plans to anchor a new tower planned near the downtown riverfront, one of Richmond’s biggest employers has decided to stay put.
Genworth to be sold for $2.7B
The local Fortune 500 company is being taken private and into the arms of a Chinese conglomerate.