Ai Claims board recommends Quindell deal
The board of Ai Claims has recommended that an offer for the remaining 22.4% of shares in the company be accepted.
Quindell Portfolio made the offer on 2 April 2012.
The brand extension company currently owns the other 77.6% of Ai Claims.
It originally bought 29.9% of the claims management firm in January 2012, then paid £3.1m in cash for a further 47.7% of the business in April.
The offer document will be made available to all Ai Claims shareholders today, and the offer must be accepted no later than 1pm on 15 May 2012.
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