Buffet, Ross eye Dexia’s US bond unit

BRUSSELS: The insurance businesses of US billionaire investors Warren Buffet and Wilbur Ross are close to buying all or part of the US bond insurance unit of Dexia, Belgian business daily De Tijd said on Tuesday.

Belgian-French financial services group Dexia, which received a $8.3 billion bailout, has said it will present the results of a strategic review on Friday.