Dexia’s Denizbank Completes Sale of Life Insurer Unit to Metlife

Denizbank AS (DENIZ), the Turkish bank owned by Dexia SA (DEXB), completed the sale of its life insurance and pension unit Deniz Emeklilik & Hayat AS to MetLife Inc.

Denizbank will act as an exclusive agent for Deniz Emeklilik, the bank said in a statement to the Istanbul Stock Exchange today.

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