R&Q shares drop 80% as it confirms possibility of provisional liquidation
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R&Q shares drop 80% as it confirms possibility of provisional liquidation

Onex has proposed an alternative sale structure, which includes R&Q’s potential liquidation.

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Embattled legacy firm and fronting business R&Q confirmed this morning it is possible that R&Q Insurance Holdings could file for provisional liquidation in Bermuda under alternative terms of the proposed $465mn sale of Accredited to PE firm Onex.

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