Source - Alliance News
R&Q Insurance Holdings Ltd - Bermuda-based specialty non-life insurance - Changes name from Randall & Quilter Investment Holdings Ltd, following shareholder approval at annual general meeting last week. Last month, R&Q raised $125 million in a share offer to pay down debt. The equity raise followed shareholder rejection of a £482 million takeover offer from 23% shareholder Brickell PC Insurance Holdings.
Current stock price: 95.80 pence
12-month change: down 41%
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