19 June 2024 Insurance

R&Q heads for liquidation; all hope is lost for rescue via asset sales

R&Q Holdings will head to liquidation bankruptcy, having lost all hope of finalising an asset sale that had been designed as a last-ditch rescue for the strapped insurance group. 

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More on this story

13 June 2024   Rescue efforts tied hands and brought 'significant’ costs; original asset sale in doubt.
12 January 2024   R&Q shareholders narrowly pass contentious Accredited sale with a 55% to 45% vote.
13 June 2024   It's pennies on the pound: Shares are down over 99% from the 12M high.