Quindell spends 3.1m gaining control of AI Claims

Outsourcing firm Quindell Portfolio has spent 3.1m pounds increasing its stake in AI Claims, which manages motor insurance claims.

Outsourcing firm Quindell Portfolio has spent 3.1m pounds increasing its stake in AI Claims, which manages motor insurance claims.

Quindell now owns 77.6% of AI, and has offered to buy the remaining shareholders out at 24p per share. On Friday the stock closed at 19.05p.

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