Bank of America’s $2bn Balboa unit draws interest of US P&C giants
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Bank of America’s $2bn Balboa unit draws interest of US P&C giants

25 October 2010
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Trade buyers - including US property and casualty giants Allstate and Travelers and Bermudian (re)insurer White Mountains - are thought to have entered the preliminary bid stage for Bank of America's (BoA) $2bn-valued Balboa Insurance unit.

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