The Quindell purchase was trumpeted by Slater & Gordon managing director Andrew Grech as a "transformational" once in a life time opportunity.

Slater & Gordon shares plunge

Slater & Gordon shares have dropped by more than 17 per cent as investors react nervously to news that Quindell, the parent company of its recent acquisition, is under investigation by UK authorities.

Bradken confirms CHAMP proposal

Bradken has had its shares placed in a trading half after confirming it received a recapitalisation proposal from CHAMP Private Equity.