Genworth Financial, Inc. (NYSE: GNW) today announced that it has successfully completed the initial public offering (IPO) of its subsidiary, Enact Holdings, Inc. (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries. 15,306,960 shares of Enact common stock were sold in the IPO, including the full exercise by the underwriters of their overallotment option to purchase 1,996,560 shares, at a price to the public of $19.00 per share. Enact is now trading on the Nasdaq Global Select Market under the ticker symbol “ACT.” All of the shares were offered and sold by the selling stockholder, Genworth Holdings, Inc. (GHI), a wholly owned subsidiary of Genworth Fina(…) Read More »