R&Q investors approve Accredited sale by narrow majority
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R&Q investors approve Accredited sale by narrow majority


R&Q’s shareholders have voted by a narrow majority to approve the proposed sale of fronting business Accredited to Onex for $465mn at a special general meeting today.

The sale was approved by 55.2% of shareholders who voted on the proposal. Another 44.8% of votes cast were against the deal, with just under three-quarters of the investor base casting a vote and the remainder withholding.

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