17:50:52 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



TMX Group Ltd
Symbol X
Shares Issued 276,622,180
Close 2024-01-02 C$ 31.37
Market Cap C$ 8,677,637,787
Recent Sedar Documents

TMX Group completes acquisition of VettaFi

2024-01-02 16:19 ET - News Release

An anonymous director reports

TMX GROUP COMPLETES ACQUISITION OF VETTAFI

TMX Group Ltd. has completed the acquisition of the remaining approximately 78 per cent of the common units of VettaFi Holdings LLC (VettaFi), a leading United States-based indexing, digital distribution, analytics and thought leadership company. TMX Group made strategic investments in VettaFi in the first half of 2023 for approximately 22 per cent of the common units. The transaction was announced in December, 2023.

This acquisition is expected to accelerate TMX Group's long-term global expansion, and increase the proportion of revenue derived from the global solutions, insights and analytics segment, and from recurring sources. The addition of VettaFi increases the depth and value of data-driven insights TMX Group provides to clients, expands the company's digital capabilities and expertise, and enriches TMX Group's industry-leading support for ETF issuers.

About TMX Group Ltd.

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the financing, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, the Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corp. and Trayport, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montreal, Calgary, Vancouver and New York), as well as in key international markets, including London, Singapore and Vienna.

© 2024 Canjex Publishing Ltd. All rights reserved.