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RACQ back on block, again, as Bank of America fires up sale

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Queensland’s second-largest insurer has put itself on the block, again.

Street Talk understands home and motor insurance provider Royal Automobile Club of Queensland has called in its old friends at Bank of America to fire up a sale.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/bank-of-america-back-on-the-tools-at-qld-insurance-giant-racq-20240508-p5glk3