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3 May, 2019
Further to its announcement on 23 April 2019, Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to confirm that its wholly owned US subsidiary, Randall & Quilter America Holdings Inc., has completed the acquisition of GLOBAL U.S. Holdings Inc (Global US) from an investment vehicle managed by AXA Liabilities Managers SAS (“AXA LM”).
Commenting on today’s announcement, Ken Randall, Chairman and Chief Executive Officer of R&Q, said: “We are delighted to have completed the acquisition of Global US. This is the largest acquisition that R&Q has made to date and demonstrates our ability to provide exit solutions and our continuing penetration into larger deal activity. R&Q is well positioned to take on books of business of this size in the future and our 2019 pipeline is strong”.
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Further to the Company’s announcement on 13 January 2020 (RNS number 5159Z), the Company hereby provides the attached notification, made in accordance with the requirements of the EU Market Abuse Regulation.
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