Appleby was instructed by the shareholders of Sandell Holdings
Ltd. in connection with the sale of the entire issued share capital
of Sandell to Randall & Quilter II Holdings Limited for an
initial consideration of $25million, with further amounts payable
subject to certain conditions being met.
Sandell Holdings Ltd is a Bermuda exempted company and the
parent company of Sandell Re Ltd., an exempted company registered
in Bermuda as a segregated accounts company and as a Class 3A
insurer. Randall & Quilter II Holdings Limited is a subsidiary
of Randall & Quilter Investment Holdings Ltd., a company listed
on the London Stock Exchange's Alternative Investment Market
100 Index, the R&Q group, founded in 1991 primarily provides
legacy acquisitions and program management services.