Dexia To Sell Turkish Life Insurance Business To MetLife

by Benzinga Staff
June 27, 2011 3:45 AM | 23 seconds read | Make a Comment

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Franco-Belgian financial services group Dexia SA (OTC: DXBGF) agreed to sell its Turkish life insurance business to MetLife Inc (NYSE: MET) for 162 million euros ($229.3 million). The transaction is likely to close by the end of 2011. MetLife will buy Dexia's 99.86% stake in DenizEmeklilik, the life insurance and pension unit of DenizBank. Dexia bought Denizbank in 2006. MET shares dropped 0.63% to close at $40.99 on Friday.Read more

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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