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Maple Seeks Partners For TMX Offer
Maple Group Acquisition is in discussion to add three to four other financial-services firms to join their consortium.
Maple Group Acquisitionis in discussion to add three to four other financial-services firms to join their consortium,The Wall Street Journalreports.Desjardins Financial Group,GMP CapitalandDundee Capital Marketsare among the firms in talks to join Maple.
Maple currently includesToronto-Dominion Bank,Canadian Imperial Bank of Commerce,Bank of Nova Scotia,National Bank of Canadaand five Canadian pension funds. Maple Group tendered a counterbid forTMXto upset a merger deal struck between TMX and theLondon Stock Exchange.
Click here for the story fromThe Wall Street Journal.
Click here for additional coverage formReuters.