Less Ads, More Data, More Tools Register for FREE

Pin to quick picksQuindell Share News (QPP)

  • There is currently no data for QPP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

PRESS: Quindell Set To Lose Out On Major AA Contract - Daily Mail

Mon, 28th Sep 2015 05:52

LONDON (Alliance News) - Quindell PLC is understood to have missed out on a contract with roadside assistance and insurance company AA PLC, a blow for the company as it works to recovery after a turbulent 18 months, The Daily Mail reported.

Quindell, a controversial AIM stock which saw its value plunge following a critical report by a short-seller and amid investigations about its accounting processes, now focuses almost exclusively on telematics, or processing data from black boxes installed on vehicles by insurance companies.

The group formerly held a contract with AA rival RAC to install the black boxes in customers' cars and was hoping to replace this deal with one from the AA, but this is now set to be handed to Insurethebox, a Japanese rival of Quindell's.

http://www.thisismoney.co.uk/money/markets/article-3251278/Quindell-recovery-blow-misses-AA-contract-expected-Japanese-rival.html

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
29 May 2015 11:47

Quindell Names Michael Howard To Board As Disposal Closes

Read more
29 May 2015 11:42

Quindell pledges "£1 per share" capital return after review finds "aggressive" accounting

An independent review into accounting practices at Quindell's disposed legal claims business found they were at "the aggressive end of acceptable practice", as the company finally completed the deal and said it expected to return more than £1 per share from the sale. Shareholders and regulators of b

Read more
29 May 2015 05:17

Earnings, Trading Statements Calendar - Week Ahead

Read more
28 May 2015 16:27

Earnings, Trading Statements Calendar - Week Ahead

Read more
22 May 2015 08:57

Quindell given FCA approval for Slater & Gordon deal

Quindell has received the final regulatory go-ahead to complete the sale of its professional services division to Australian law-firm, Slater & Gordon in a deal worth £700m. Approval for the deal has been granted by the Financial Conduct Authority, meaning the disposal is now unconditional and compl

Read more
22 May 2015 07:47

BUZZ-Quindell Plc: Up on financial watchdog approval for unit sale

** British IT outsourcing and consultancy firm Quindell's shares up 2.3 pct after co says Britain's financial watchdog approves deal with Australia's Slater & Gordon Ltd ** Co says disposal of its professional services division, which provides legal, claims management, health and medical r

Read more
22 May 2015 04:02

BUZZ-Australia's Slater and Gordon up on regulatory approval for Quindell unit buy

** Slater and Gordon Ltd rises as much as 2.1 pct to highest since May 19 ** UK's Financial Conduct Authority approves acquisition of professional services division of Quindell PLC ** Consumer law firm says transaction will deliver "significant value" to all its shareholders **

Read more
19 May 2015 08:08

Quindell Issues Final 4.0 Million Shares For iter8 Acquisition (ALLISS)

Read more
8 May 2015 16:02

Daniel Stewart Names Beaumont Cornish As Nomad, Will Raise Funds (ALLISS)

Read more
20 Apr 2015 07:26

LONDON MORNING BRIEFING: Shares Lifted By China Stimulus

Read more
20 Apr 2015 05:39

PRESS: Quindell Gets Offer For Telematics Business - FT

Read more
19 Apr 2015 14:46

Quindell receives takeover approach, sources claim

Quindell received a takeover approach for its telematics business from Tantalum, a company connected to City financier Edmund Truell, reports said late on Friday. The telematics business, which monitors motorists as they drive, now makes up the majority of the AIM-listed group following the decision

Read more
17 Apr 2015 17:35

UPDATE: Daniel Stewart Seeks New Nominated Adviser As Westhouse Resigns

Read more
17 Apr 2015 14:30

Quindell shareholders approve Slater & Gordon deal

Shareholders in Quindell on Friday voted to approve the £700m sale of the company's "no win, no fee" personal injury business to Australian law-firm Slater & Gordon. The deal still remains conditional on approval of both the UK Solicitors Regulation Authority and the Financial Conduct Authority. On

Read more
17 Apr 2015 10:00

Quindell Says Shareholders Approve Disposal To Slater & Gordon

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.