9,482,940,000 --which corresponds the half of Aksigorta Corp. shares-- will be sold to Ageas Insurance International N.V. for 220 million USD, stated Sabancı Holding.

Sabancı Holding, is the largest industrial and financial conglomerate in Turkey by profit. The holding is owned at about 58 percent by the Sabancı family, one of Turkey's wealthiest. Sabancı Holding controls 70 companies, many of which are recognized market leaders in their respective sectors. The group has a total of 60,000 employees and operates in 15 countries. 13 of its companies are also listed on the Istanbul Stock Exchange. The holding and its subsidiaries own more than 40 percent of Akbank, the country's largest bank, and has operations in such markets as cars, cement, energy, retail, insurance, telecom, textiles, tires, plastic, hotels, paper and tobacco. Sabancı has many joint ventures with large companies including Citigroup, Aviva, Bridgestone, Toyota, Verbund, Bekaert, Heidelberg Cement, Carrefour, Dia, Hilton, Mitsubishi Motor, International Paper and Philip Morris.

Ageas Insurance International N.V. is based in Utrecht, the Netherlands with operations in Luxembourg, France and the United Kingdom. Ageas Insurance International N.V. operates as a subsidiary of Fortis Insurance NV.