Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
R&Q Insurance Holdings Ltd - Hamilton, Bermuda-based non-life specialty insurance - Confirms it is in ‘an advanced stage of discussions’ with Onex Corp to sell programme management business Accredited. R&Q Insurance previously had said it was reviewing strategic options, which included the legal separation of Accredited and R&Q Legacy. Says a further announcement will be made ‘if and when appropriate’. Onex is a Toronto-based private equity firm.
Current stock price: 55.20 pence, up 13%
12-month change: down 33%
Copyright 2023 Alliance News Ltd. All Rights Reserved.