24-01-2017 14:25 via insuranceinsider.com

Ethniki bidders include Fosun and Allianz

The Greek government has taken four bidders for state-owned
insurer Ethniki through to the second round of the sale process,
The Insurance Insider can reveal.
Sources told this publication that the bidders include Chinese
conglomerate Fosun, Fairfax Financial, Matt Fairfield's
start-up Exin and Allianz which is believed to be working in
conjunction with private equity house Apollo.
It was suggested that indicative bids, submitted in the week
before Christmas, valued Greece's largest insurer at r
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