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Quindell ups Nationwide Accident stake to 25.3%

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Quindell has expanded its stake in the UK’s largest accident repair services provider, just days after announcing it had taken an initial holding.

The firm announced on 25 September that it had acquired a 22.5% stake in Nationwide Accident Repair Services, and it has now increased this to 25.3%, acquiring a further 1.2m shares from 3G Capital

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