Canadian exchange buys ASX rival Cboe
The NZX was reportedly interested in Cboe, and was urged by the NZ Shareholders Association to consider the deal.
Cboe's US parent sold the Australian operation to concentrate on its derivatives business.
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Canadian markets operator TMX Group has emerged as the new owner of Australia’s second stock exchange Cboe Australia, in a transaction valued at US$300m ($508m).
The announcement follows a lengthy sale process in which several other operators, such as the NZX and Singapore’s SGX, ran the ruler
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