BENEFICIAL &lt;BNL> UNIT SALE APPROVED

  Beneficial Corp said the sale of its
  American Centennial Insurance Co subsidiary to &lt;First Delaware
  Holdings Inc> was approved by the Delaware Insurance
  Department.
      Under the transaction, American Centennial will receive a
  cash infusion of 200 mln dlrs, including the settlement of tax
  sharing agreements with Beneficial Corp, Beneficial said.
      It will also receive 25 mln dlrs from Beneficial
  International Insurance Co, another Beneficial subsidiary being
  purchased by the management-led group of First Delaware, the
  company said.
  

