Bloomberg News

NBG Said to Tap UBS, BofA to Advise on Finansbank Insurer

May 18, 2012

VHV Vermoegensanlage AG, a German insurer, will buy 40 percent of Nart Sigorta & Reasurans Brokerligi AS, a non-life Turkish company, Turkey’s antitrust board said today on its website.

Nart, an Istanbul-based insurance company operating since 1999, is owned by Levent Nart, a German-educated insurance broker, according to its website.

To contact the reporters on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net

To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net


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