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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.
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