AmTrust frontrunner to acquire ANV

Distressed M&A specialist AmTrust looks the likeliest
acquirer of troubled Lloyd's insurer ANV as the carrier's
auction process draws to its close, The Insurance
Insider can reveal.
Sources said that the serial acquirer was one of the final
bidders in the process, along with New York-listed carrier
Argo.
A range of carriers have been linked with bids for ANV, which is
owned by Ontario Teachers' Pension Plan, but most have fallen
away.
ANV is understood to have effective net tangible...