Randall & Quilter Investment Holdings (GB:RQIH) has released an update.
R&Q Insurance Holdings Ltd has provided an update on the sale of their subsidiary, Accredited, amidst financial challenges and ongoing discussions with Onex Corporation. The company is exploring various options including an alternative transaction structure and seeking additional liquidity sources. A warning has been issued that if the sale does not proceed as initially planned, R&Q may face provisional liquidation and subsequent suspension of trading, potentially leaving little to no value for shareholders.
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