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Quindell raises £7.1m from Nationwide Accident Repair sale

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Quindell has sold its stake in Nationwide Accident Repair Services raising £7.1m for the embattled company.

Quindell sold more than 10.9 million shares in Nationwide at 65p per share. The proceeds of the sale are to go towards "general working capital purposes", according to a statement from Quindell.

Quind

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