30th Nov 2020 06:53
Randall & Quilter Investment Holdings Ltd - insurance company - Agrees to acquire Bermuda-domiciled captive insurance firm through subsidiary R&Q Re. No financial details were given on the acquisition, or the name of the company to be bought. "This continues a trend we've seen over the past six months or so where captive owners are seeking full and economic finality solutions. Whilst this transaction remains subject to regulatory approval, we have confidence in our ability to complete the transaction in a timely manner," says Paul Corver, head of M&A at R&Q Investment.
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Year-to-date change: up 10%
By Dayo Laniyan; [email protected]
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