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The deal is the latest in a number of disposals by Dexia.
The insurer is also reported to be considering a number of disposals, the latest suggestion being a £200m sale of a network of regional brokers in Canada.
"A number of disposals have been made or are planned which will not generate cash that can be returned to shareholders.
In 2011, the company agreed to buy the El Paso Corporation for $21.1 billion, though Kinder Morgan has been required to make a number of disposals to appease antitrust regulators.
It is closing its world duty free in-flight service and has made a number of property disposals.
La Cañada Flintridge residents who wish to recycle their dead batteries have a number of local disposal options.
"The government has a number of tools at its disposal.
Private eyes spying on potentially law-breaking tenants have a number of tools at their disposal.
It's true that the president has a number of options at his disposal, but all are fraught with uncertainty.
The Federal Reserve, pondering what to do to stimulate the economy, has a number of tools at its disposal.
S.&P. also pointed out that China has a number of tools at its disposal to deal with any disruption resulting from its hefty debt levels.
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