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EXIN Buys 75% of Ethniki Insurance in 718 Million Euro Deal

The acquisition of 75% of the Ethniki Insurance, a subsidiary of the National Bank of Greece (NBG), was announced by the Dutch EXIN, which agreed to pay 718 million euros. Ethniki Insurance was founded in 1891 and became a cornerstone...

U.S. Commerce Secretary Backs Greek-American Calamos-EXIN Bid for Greek Insurer

U.S. Commerce Secretary Wilbur Ross recently backed a bid by the the EXIN Group to buy Ethniki Asfalistiki, the insurance arm of Greece's National Bank, Reuters says. The deal could help U.S. investments in Greece since Calamos Investments is a U.S.-based company managing...