shutterstock_1524764165
19 June 2024Insurance

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. 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

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