Cboe Sells Cboe Australia and Cboe Canada to TMX Group for $300 Million
Cboe Global Markets has agreed to sell its Canadian and Australian equities exchanges, Cboe Canada and Cboe Australia, to TMX Group for $300 million USD. The sale is part of a strategic realignment to focus on core strengths and emerging opportunities. The transaction is expected to allow Cboe to reallocate resources toward optimizing its core businesses and pursuing new growth areas.
Tickers: $CBOE
Topics: Equities Exchanges Market Operator Mergers and Acquisitions Strategic Realignment