Piraeus Bank, a local lending rival, is reportedly set to purchase Ethniki Asfalistiki from CVC

The company, once a mighty subsidiary of National Bank (NBG), had recently announced unilateral changes in the way it will compensate beneficiaries in health and life insurance programs

Piraeus Financial Holdings S.A. announces that it has agreed to buy 90% of the Greek insurance company from CVC Partners Fund VII for €600mln.