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Quindell ups Ingenie investment to 19.7%

Cars stuck in traffic jam from behind

Quindell has acquired a further 16.4% of Ingenie, the insurance intermediary digital brand for young drivers, in exchange for £2.85m. The investment takes Quindell’s holding in Ingenie to 19.7%.

The move follows hot on the heels of Quindell buying a further 47.7% of Ai Claims Solutions for £3.1m, taking its holding above 77%, when it made a cash offer with share alternative for the rest of

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