London-listed R&Q Insurance gains on talks of unit's potential sale
22/09/2023 08:27
** Shares of R&Q Insurance Holdings RQIH.L gain 12.4% at
54.44p, among top pct gainers on across London stocks
** In track to log best day since June 6, if trend holds
** Bermuda-based global specialty insurance firm confirms
discussions regarding potential sale of unit Accredited
** In advanced talks with investment manager Onex Corp for
sale of its program management division, co says in response to
press speculation
** Up to last close, stock had fallen ~20 YTD
(Reporting by Prerna Bedi in Bengaluru)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))