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Tuesday, February 22, 2011

Ontario announces all-party review of LSE-TMX deal, (LSE), (TSE: X)

The Canadian province of Ontario said on Tuesday it plans to have an all-party committee of the legislature review the London Stock Exchange's (LSE.L) takeover bid for Canada's TMX Group (X.TO). Canadian newspapers had reported on Monday that the committee will look at the deal's impact on Toronto's financial services sector as well as the mining industry in the north of the province. (Reporting by Claire Sibonney; writing by Jeffrey Hodgson; editing by Peter Galloway)

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