Fosun and Exin frontrunners in Ethniki process
Acquisitive Chinese financial conglomerate Fosun and Matt
Fairfield start-up Exin are the two frontrunners in the bidding for
Greek state carrier Ethniki, The Insurance
Insider understands.
Final bids for the Greek National Bank-owned insurer were due
yesterday (3 April), sources said.
Reuters reported that Chinese bidders Gonbao and Wintime also
tabled binding offers for the company, citing banking sources.
However, sources said both Fosun and Exin had made bids valuing
the business at slightly
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