Comision Federal de Competencia approves acquisition of Apoyo Economico Familiar
Financiera Independencia, SAB de CV, SOFOM, ENR a leading Mexican microfinance lender of personal loans to lower income segment individuals and working capital loans through group lending microfinance, announced today that the Comision Federal de Competencia approved its acquisition of Apoyo Economico Familiar SA de CV, SOFOM, ENR, one of the largest unsecured personal lending institutions in Mexico, as announced on December 22nd, 2010.
It is reported that Sumitomo Heavy Industries will establish an overseas incorporated entity and construct a new plant in Brazil.