Australia's Slater and Gordon enters recapitalisation deal; MD steps down
June 29 Australian law firm Slater and Gordon Ltd on Thursday said it would enter a recapitalisation deal that would give almost full ownership of the company to its lenders.
MEXICO CITY May 4 Mexico's competition regulator on Thursday announced it fined four pension funds a total of 1.1 billion pesos ($58 million) for antitrust violations.
The Federal Economic Competition Commission (Cofece) said in a statement it had fined four "afores," as they are known locally: Profuturo GNP Afore, Afore Sura, Afore XXI Banorte and Principal Afore. It also said it had sanctioned 11 people who represented the pension funds.
Cofece did not disclose how much it fined each individual institution.
($1 = 19.0230 Mexican pesos) (Reporting by Sheky Espejo; Editing by Steve Orlofsky)
* Says unit completed acquisition of an investment firm as disclosed on June 20