TMX Group Limited has entered into a definitive agreement to acquire Cboe Australia and Cboe Canada from Cboe Global Markets, Inc. for total consideration of USD $300 million.
The transaction is positioned to reinforce TMX Group’s domestic market leadership while extending its footprint into the Australian capital‑markets ecosystem. In Canada, Cboe Canada’s platforms—including NEO and MATCHNow—will be consolidated to enhance efficiency across equities trading and listing services. In Australia, TMX gains an established venue for ETFs and structured products, along with a newly granted corporate listings license that broadens its international reach.
For Cboe Global Markets, the divestiture reflects a strategic pivot toward core derivatives and emerging global growth opportunities. The Canadian and Australian deals are expected to close independently, subject to customary conditions and regulatory approvals in each jurisdiction.
Source TMX
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