Received an interesting comment last night. You be the judge.
I overheard a conversation that wasn't for public consumption. The gist was that ETMC was currently engaged in talks to acquire PRMC.
I don't know how far it's gone, but it sounded serious.
The suprise is how long it took them to get to that point. Funny that ETMC could end up with a monopoly in Paris, so long after the original sale to Essent.
Maybe at a reduced price....