R&Q Insurance Holdings Ltd (LON:RQIH) has noted the press commentary regarding a potential sale of the Company’s Program Management business, Accredited.
As previously announced, the R&Q Insurance Board has been undertaking a review of the strategic options for the Group, which has included the legal separation of Accredited and R&Q Legacy. The Board confirms that it is in an advanced stage of discussions with Onex Corporation regarding a potential sale of Accredited.
If and when appropriate, a further announcement will be made.
