TMX Canadian competition clearance

RNS Number : 8600H

London Stock Exchange Group PLC

03 June 2011

 



TMX Group - London Stock Exchange Group Proposed Merger Receives Clearance from Competition Bureau

June 3, 2011 (TORONTO, LONDON) - TMX Group Inc. and London Stock Exchange Group plc today announced that the Canadian Commissioner of Competition has issued a "no action letter" in connection with their proposed merger, confirming that she does not intend to challenge the transaction.

The issuance of the no action letter satisfies a condition of the merger agreement, dated February 9, 2011 that Competition Act (Canada) clearance be obtained.

More information about the TMX-LSE merger is available at www.ltmxgroup.com. 

About TMX Group (TSX-X)

TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (Houston, Boston and Chicago) as well as in London. For more information about TMX Group, visit our website at www.tmx.com.

About London Stock Exchange Group plc (LSE.L)

London Stock Exchange Group plc sits at the heart of the world's financial community. LSEG operates a broad range of international equity, bond and derivatives markets, including the London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, LSEG offers international business unrivalled access to Europe's capital markets.

LSEG is a leading developer of high-performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services.

Headquartered in London and with significant operations in Italy and Sri Lanka, LSEG employs approximately 1,500 people. Further information on LSEG can be found at www.londonstockexchangegroup.com

For more information please contact:

Carolyn Quick

Director, Corporate Communications

TMX Group

416-947-4597, [e-mail]

Victoria Brough

Group Communications Director

London Stock Exchange Group plc

[phone], [e-mail]

 

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