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.
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ON THIS TOPIC
- Quindell completes £637m claims unit sale
- Rob Terry regains control of Quindell unit
- Edmund Truell in bid for Quindell arm
- Quindell appoints new finance director
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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.
