German Börse in Talks to Buy the Big Board
The New York Stock Exchange, a symbol of American capitalism for more than two centuries, may soon be owned by the operator of the Frankfurt Stock Exchange.
View ArticleNasdaq and ICE Consider NYSE Euronext Bid
Nasdaq and the InterContinental Exchange are in talks about teaming up to take over the operator of the New York Stock Exchange.
View ArticleCanadian Banks Object to Toronto Exchange Merger
Several prominent politicians, including some with the power to veto the deal, have been openly skeptical or noncommittal.
View ArticleAs Rivals Merge, a Test for Nasdaq Chief’s Reputation
Analysts and investors await Robert Greifeld’s response to the rapid-fire consolidation of exchanges, one that could leave his company weakened and alone.
View ArticleToronto Exchange Rejects Rival Bid by Canadian Banks
The TMX Group, parent of the Toronto Stock Exchange, said the offer by Canadian banks and pension funds was "inadequate" and not superior to its deal with the London Stock Exchange.
View ArticleRival Bidders Sweeten Offers for Toronto Stock Exchange
A consortium of Canadian banks and pension funds raises its bid by 2 Canadian dollars a share, while London and TMX offer a special dividend.
View ArticleLondon and Toronto Exchanges Call Off Merger
The exchange companies said that they believed they were unlikely to get the required two-thirds of TMX shareholders to approve their deal.
View ArticleOffer Extended for Toronto Exchange
The Maple Group says it is confident of obtaining Canadian regulatory approvals by the fall.
View ArticleCanada Halts Trading in Sino-Forest of China
Trading in Sino-Forest shares was halted after an investigation found that the company might have exaggerated its revenue and the extent of its timber holdings in China.
View ArticleCanada Extends Trading Ban on Sino-Forest
The Ontario Securities Commission said it needed more time to investigate allegations that the Chinese company overstated its assets and revenues.
View ArticleTMX Board Backs Maple’s $3.8 Billion Takeover Bid
The owner of the Toronto Stock Exchange threw its backing behind a $3.8 billion buyout deal from Maple Group, a consortium of Canadian financial players and pension funds.
View ArticleRegulator Raises ‘Serious Concerns’ About Toronto Exchange Deal
Canada’s competition regulator has “serious concerns” about a plan by 13 financial institutions to purchase the TMX Group for 3.8 billion Canadian dollars.
View ArticleBidder Extends Offer for Toronto Stock Exchange a 4th Time
A consortium of 13 Canadian financial institutions says it is continuing to talk with regulators in an effort to win approval of the deal for the TMX Group.
View ArticleTMX Group’s Quarterly Earnings Decline 10%
The parent company of the Toronto Stock Exchange reported lower first-quarter earnings as it continued to wait for regulators to approve its takeover by a consortium of Canadian financial institutions.
View ArticleMaple Group Wins Battle for Toronto Exchange Parent
The Maple Group, a consortium of Canadian financial firms and pension funds, acquired 91 percent of the shares in the TMX Group, securing its $3.7 billion buyout of the Canadian bourse.
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