Sunday 22 March 2015

Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division - part 14

I hope your having a good weekend Betavillers.

I have been getting a lot of questions (and a fair amount of abuse, too) in recent days about the Slater & Gordon/Quindell story I have been covering in the last few weeks.

For readers that don't recall, the £640 million sale of Quindell's legal services division to Australian law firm Slater & Gordon had been scheduled to be announced tomorrow.

However, I understand the timetable for the announcement of the Slater & Gordon takeover of Quindell's legal services unit changed last week.

Sources familiar with the situation tell me the deal is now on course to be announced at the end of this (upcoming) week instead of tomorrow - although one person cautioned there could be further delays to the timetable.

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