Quindell sale marks end of bizarre corporate drama

The curtain has fallen on Quindell, one of the most bizarre corporate dramas to play out on London’s junior stock market.

The controversial insurance claims company — whose dreams of joining the FTSE 100 were shattered by short sellers — last week sold most of its business to Australian law firm Slater & Gordon for £637m.

The sale marked the end of a saga that has unfolded in the past year as the company’s value collapsed following a string of scandals and allegations about its profitability and corporate governance.