Another major Chinese investment in Greece appeared on the horizon this week, as Rongfeng Ηolding Group, is reportedly interested in acquiring a 75-percent stake in National Bank’s insurance subsidiary, Ethniki Asfalistiki, according to a Reuters reported.
The news agency revealed that the Chinese investor will partner with another company, which it did not name.
A former agreement to sell a majority stake of the insurance provider to the Netherlands-based Exin collapsed when Calamos Family Partners filed a lawsuit against Exin Financial Services, one of the two parties in the Exin investment scheme. Calamos Partners has demanded 41 million euros in a lawsuit filed in a US federal court.
Read more here.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons Copyright: athenswalk License: CC-BY-SA
Source: naftemporiki.gr
