Source: The Insurance Insider

EXIN Group: Ethniki seller assesses plan B after Exin deal collapses

National Bank of Greece has confirmed the collapse of the June 2017 deal to sell 75 percent of Ethniki to Matt Fairfield's Exin for EUR718mn ($888mn). The seller noted today that Exin had not fulfilled its contractual obligations under the June agreement by yesterday's deadline and said that it would "examine alternative options". Its short statement comes after this publication reported yesterday that the bid process had re-opened. The collapse of the agreement leaves last year's under-bidder Fosun in pole...

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R. Matthew Fairfield's photo - Founder & CEO of EXIN Group

Founder & CEO

R. Matthew Fairfield

CEO Approval Rating

67/100

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