TMX Group said Canada's commissioner of competition expressed "serious concerns" about the likely competitive effects of Maple Group's proposed plan to purchase the owner of the Toronto Stock Exchange. Here are the major events in the saga for control of the TMX Group, which was first courted by Transatlantic rival, the London Stock Exchange :February 9 - LSE and TMX announce a $3 billion friendly deal that they characterize as "a merger of equals."May 13 - LSE and TMX announce strong financial results and file formal application with Canadian provincial commissions for regulatory approval to merge.May 14 - TMX notifies the LSE that it has received an approach from a consortium of Canadian banks and funds called the Maple Group. LSE says it remains committed to the deal.
TMX Group Inc. is an integrated, multi-asset class exchange group. Shares of X traded higher by 3.17% or $0.42/share to $13.66. In the past year, the shares have traded as low as $34.53 and as high as $45.69. On average, 149802 shares of X.TO exchange hands on a given day and today's volume is recorded at 0.
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