Sign-in | Register

Maple Group goes hostile in bid for TMX

Comments (0) | 26 May 2011 | Rating Rating (-1 to +1): 0.0

| Print by Tim Human

Consortium says it had no choice after TMX and LSE accelerated the timing of their deal

The group of Canadian banks and pension funds seeking to block TMX Group’s merger with the London Stock Exchange (LSE) went hostile with its C$3.7 bn ($3.8 bn) bid for the Canadian exchange operator last night.

Maple Group took the decision to go hostile after TMX ...

Register now to read the rest of this article! Registration is free and you will be able to read five articles every month.

Become a subscriber for unlimited access.