Slater & Gordon Close to GBP700m Quindell Takeover: FT
2015-03-29 18:04:50.190 GMT
By Robin Stringer
(Bloomberg) -- Law firm close to acquiring services unit of
insurance claims processor for around GBP700m, FT reports,
citing people familiar.
* Quindell expected to return GBP500m proceeds from sale to
holders, one of people familiar told FT
* Buy announcement could come as early as Sunday
* Quindell, Slater & Gordon did not comment to FT
* NOTE: March 16, Quindell Confirms Talks W/Slater & Gordon on
PSD Sale; Shrs Rise
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Robin Stringer in New York at +1-212-617-2526 or
rstringer7@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net
Robin Stringer
2015-03-29 18:04:50.190 GMT
By Robin Stringer
(Bloomberg) -- Law firm close to acquiring services unit of
insurance claims processor for around GBP700m, FT reports,
citing people familiar.
* Quindell expected to return GBP500m proceeds from sale to
holders, one of people familiar told FT
* Buy announcement could come as early as Sunday
* Quindell, Slater & Gordon did not comment to FT
* NOTE: March 16, Quindell Confirms Talks W/Slater & Gordon on
PSD Sale; Shrs Rise
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Robin Stringer in New York at +1-212-617-2526 or
rstringer7@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net
Robin Stringer