Exin in pole position to acquire Ethniki

Matt Fairfield's start-up Exin and backer Calamos Asset
Management now look the likeliest acquirer of Greek insurer Ethniki
after lodging a circa EUR850mn ($951mn) bid that topped the offers
submitted by a trio of Chinese firms, The Insurance
Insider understands.
Sources indicated the parties are currently thrashing out the
sale and purchase agreement for the deal, with talks said to be in
their final stages.
However, details of the final timing of any agreement remain
unclear, with some depende