Ethniki Asfalistiki
Business
Greek Insurance Conglomerate Ethniki Sold to Private Fund
The leading Greek insurance company Ethniki Insurance, was sold to CVC Capital Partners Fund VII, a private equity firm.
Business
The Three Investments that Could Change Greece’s Fate
The Greek government’s turn towards realism has raised hopes that foreign and domestic investors would grab the opportunity to transform Greece's economy and help bring the country out of the decade-old crisis.
Already three massive investment projects are promising to...
Business
Exclusive: Calamos CEO John Koudounis on Ethniki Insurance Deal & Greek Investments (video)
John Koudounis, CEO of Calamos Investments and the mastermind behind the acquisition of Greece’s biggest insurance company by the EXIN Fund, says that Greece makes investment sense because it's economy is slowly turning around.
In an exclusive interview with Greek...
Business
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...
Economy
Greek American EXIN Partners Acquire Emblematic Greek Insurer Ethniki Asfalistiki
EXIN Partners, a group consisting by John Calamos and John Koudounis of Calamos Investments, insurance expert Matthew Fairfield, and Pavlos Kanellopoulos together with Nicholaos Adamantiades of AIG have won the bid to acquire "Ethniki Asfalistiki," Greece's biggest insurer.
The Greek American's...
Greece
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...