TORONTO, July 27 (Reuters) – TMX Group Inc, operator
of the Toronto Stock Exchange, reported a drop in quarterly
profit on Friday, hit by a substantial charge related to an
im m inent C$3.8 billion ($3.76 billion) takeover by the Maple
Group consortium of Canadian financial institutions.

Maple, a consortium of 12 big banks, pension funds and
insurers, recently won approvals from provincial regulators and
the federal Competition Bureau to buy TMX. Maple will put TMX
and TMX’s biggest domestic rival, Alpha Group, under the same
umbrella along with clearing house Canadian Depository for
Securities Ltd.

TORONTO, July 16 (Reuters) – Sales of existing homes in
Canada slipped 1.3 percent in June from May, the Canadian Real
Estate Association (CREA) said on Monday, in another sign the
country’s long real estate boom is starting to cool down.

Sales were also down 4.4 percent from a year earlier, the
first year-over-year decline since April 2011, the industry
group for Canadian real estate agents said.

TORONTO/NEW YORK (Reuters) – Final approval of a bid for the operator of the Toronto Stock Exchange opens the door to a bigger role for the new entity in the global exchange industry, with expanding into U.S. markets apparently first on the agenda.

TMX Group, which will control some 85 percent of Canadian stock trading after the C$3.8 billion takeover by the Maple Group, is already in talks to buy Direct Edge Holdings LLC, the No. 4 U.S. stock exchange, for up to $500 million, according to people familiar with the matter.

TORONTO/NEW YORK (Reuters) – Final approval of a bid for the operator of the Toronto Stock Exchange opens the door to a bigger role for the new entity in the global exchange industry, with expanding into U.S. markets apparently first on the agenda.

TMX Group (X.TO: Quote, Profile, Research), which will control some 85 percent of Canadian stock trading after the C$3.8 billion (2.41 billion pounds) takeover by the Maple Group, is already in talks to buy Direct Edge Holdings LLC, the No. 4 U.S. stock exchange, for up to $500 million, according to people familiar with the matter.

TORONTO (Reuters) – The C$3.8 billion ($3.72 billion) acquisition of Canada’s TMX Group cleared its final regulatory hurdles on Wednesday, allowing a financial consortium to take control of all of the country’s major securities exchanges and related businesses.

Concluding a drawn-out review process, regulators in the provinces of British Columbia and Alberta approved Maple Group’s acquisition of TMX – the operator of the Toronto Stock Exchange, TSX Venture Exchange for small-capitalization stocks, and the Montreal Exchange for derivatives, among others.

TORONTO (Reuters) – The C$3.8 billion ($3.72 billion) acquisition of Canada’s TMX Group cleared its final regulatory hurdles on Wednesday, allowing a financial consortium to take control of all of the country’s major securities exchanges and related businesses.

Concluding a year-long review process, regulators in the provinces of British Columbia and Alberta approved Maple Group’s acquisition of TMX – the operator of the Toronto Stock Exchange and TSX Venture Exchange for small-capitalization stocks.

NEW YORK/TORONTO, July 11 (Reuters) – TMX Group Inc,
the operator of the Toronto Stock Exchange, is in talks to buy
U.S. stock market operator Direct Edge Holdings LLC, sources
familiar with the matter said on Wednesday.

The deal hinges on TMX closing its own deal to be acquired
by Maple Group, a consortium of Canadian banks, pension funds
and financial firms, one source said.

TORONTO (Reuters) – Canada’s small stock trading venues will find the struggle to grow even tougher once a made-in-Canada takeover of the operator of the Toronto Stock Exchange gets the final regulatory green light, creating a giant that will dominate the market.

The C$3.8 billion ($3.7 billion) takeover of TMX Group (X.TO: Quote, Profile, Research, Stock Buzz) by the bank-led Maple Group consortium will merge the Toronto exchange with its biggest rival, Alpha, and with the Canadian Depository for Securities, which clears and settles all stock trades in Canada.

TORONTO, July 6 (Reuters) – Canada’s small stock trading
venues will find the struggle to grow even tougher once a
made-in-Canada takeover of the operator of the Toronto Stock
Exchange gets the final regulatory green light, creating a giant
that will dominate the market.

The C$3.8 billion ($3.7 billion) takeover of TMX Group
(X.TO: Quote, Profile, Research) by the bank-led Maple Group consortium will merge the
Toronto exchange with its biggest rival, Alpha, and with the
Canadian Depository for Securities, which clears and settles all
stock trades in Canada.

TORONTO (Reuters) – Canada’s top regulators approved the takeover of the country’s biggest stock exchange operator by a group of Canadian financial firms on Wednesday, pushing a protracted process tantalizingly close to the finish line.

The Ontario Securities Commission and Canada’s Competition Bureau both okayed the takeover of TMX Group by Maple Group – a consortium of Canada’s largest banks, insurers and pension funds – removing two big hurdles to a deal that now only needs the approval of two provincial regulators.