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CMF fines Michael Clark 20,000 UF for skipping tender offer at Azul Azul
The regulator says Clark took indirect control of the company that runs Universidad de Chile's football club without offering all shareholders the chance to sell on equal terms.
Supreme Court confirms Michael Clark was required to launch a tender offer for Azul Azul
The highest court concluded that using a private investment fund does not exempt someone taking control of a company from offering to buy out minority shareholders.
AFP Fund E falls 10.39% in real terms in 2026, with Modelo posting the largest loss
All seven AFPs are in the red in the most conservative fund, and Superintendent Joaquín Cortez expressed concern about the results.