Quindell Plans to Buy Injury Specialist Silverbeck Rymer
Software and outsourcing firm Quindell Portfolio has announced plans to buy personal injury specialist Silverbeck Rymer and combine it with its claims and Mobile Doctors business to provide a joint outsourcing offering to the UK insurance claims market.
The proposed acquisition, which values Silverbeck Rymer at £19.31m, involves £10.25m in cash and the issue of up to 120.8 million Quindell shares at 7.5p each, which will be subject to lock in arrangements ranging from 12 to 36 months.
Posted by .(JavaScript must be enabled to view this email address) on 01/25 at 09:03 AM
RSS Industry News
