Canadian Banks Make Rival Bid for Toronto Exchange
The London Stock Exchange Group, which made a friendly all-share bid for the TMX Group in February, said it "remains committed" to its offer in the face of a rival proposal from a group of Canadian...
View ArticleToronto Exchange Rejects Rival Bid by Canadian Banks
The TMX Group, parent of the Toronto Stock Exchange, said the offer by Canadian banks and pension funds was "inadequate" and not superior to its deal with the London Stock Exchange.
View ArticleMaple Group Bid for TMX Goes Hostile
The group is taking its $3.7 billion bid for the TMX Group directly to shareholders, even as TMX and the London Stock Exchange move ahead with their proposed merger.
View ArticleMore Firms Join Hostile Bid for Toronto Exchange
A group of financial firms that is pursuing a $3.7 billion hostile bid for the Toronto Stock Exchange's parent company added four new members.
View ArticleMaple Makes Hostile Bid for Toronto Exchange Owner
The Maple Group on Monday moved forward in its hostile play for TMX Group with a $3.8 billion bid, besting a $3.6 billion offer by the London Stock Exchange.
View ArticleRival Bidders Sweeten Offers for Toronto Stock Exchange
A consortium of Canadian banks and pension funds raises its bid by 2 Canadian dollars a share, while London and TMX offer a special dividend.
View ArticleProxy Firm Backs London Bid For Toronto Exchange Owner
The TMX Group's plan to merge with the London Stock Exchange won the backing of Institutional Shareholder Services on Thursday, as the deal continued to face pressure from a rival bid.
View ArticleLondon and Toronto Exchanges Call Off Merger
The exchange companies said that they believed they were unlikely to get the required two-thirds of TMX shareholders to approve their deal.
View ArticleOffer Extended for Toronto Exchange
The Maple Group says it is confident of obtaining Canadian regulatory approvals by the fall.
View ArticleTMX Board Backs Maple’s $3.8 Billion Takeover Bid
The owner of the Toronto Stock Exchange threw its backing behind a $3.8 billion buyout deal from Maple Group, a consortium of Canadian financial players and pension funds.
View ArticleBidder Extends Offer for Toronto Stock Exchange a 4th Time
A consortium of 13 Canadian financial institutions says it is continuing to talk with regulators in an effort to win approval of the deal for the TMX Group.
View ArticleTMX Group’s Quarterly Earnings Decline 10%
The parent company of the Toronto Stock Exchange reported lower first-quarter earnings as it continued to wait for regulators to approve its takeover by a consortium of Canadian financial institutions.
View ArticleMaple Group Wins Battle for Toronto Exchange Parent
The Maple Group, a consortium of Canadian financial firms and pension funds, acquired 91 percent of the shares in the TMX Group, securing its $3.7 billion buyout of the Canadian bourse.
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