Lawsuit throws EXIN’s Greek insurance acquisition in doubt: Reuters


US investor Calamos Family Partners (CFP) filed a lawsuit in the US against Dutch EXIN Financial Services Holdings for defaulting on loans, according to an emailed statement, putting in doubt the planned acquisition of National Bank of Greece’s insurance unit, according to a Feb. 7 Reuters report.

Calamos Investments and EXIN Partners, a Netherlands-based investor focused on insurance, reinsurance and asset management, had agreed in 2017 to acquire 75 percent of the National Bank of Greece’s insurance unit - National Insurance - for €718 million.

Calamos Family Partners, EXIN Financial Services Holdings, M&A, Insurance, Europe, North America

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