Maple Group Acquisition Corporation and TMX Group Announce Receipt of No Action Letter from Competition Bureau
TORONTO, July 4, 2012 /CNW/ - Maple Group Acquisition Corporation (Maple) and TMX Group Inc. (TMX Group) announced that Maple has received today a No Action Letter (NAL) from the Competition Bureau in respect of the proposed acquisitions of TMX Group, CDS and Alpha Group. Following an extensive review of the Maple proposal, and in light of the Ontario Securities Commission's recognition orders finalized today, the Competition Bureau does not, at this time, intend to make an application to the Competition Tribunal to challenge the proposed transaction under the merger provisions of the Competition Act.
Additional comment on this positive development will be provided shortly, including the status of remaining regulatory approvals. In a release earlier this morning, Maple and TMX Group provided an update on all material regulatory developments prior to the Competition Bureau's announcement of the NAL.
About Maple Group Acquisition Corporation
The investors in Maple Group Acquisition Corporation are: Alberta Investment Management Corporation, Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board, CIBC World Markets Inc., Desjardins Financial Group, Dundee Capital Markets Inc., Fonds de solidarité des travailleurs du Québec (F.T.Q.), National Bank Financial & Co. Inc., Ontario Teachers' Pension Plan, Scotia Capital Inc., TD Securities Inc. and The Manufacturers Life Insurance Company.
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, TMX Select, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy Brokers, 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, Beijing and Sydney. For more information about TMX Group, visit our website at www.tmx.com.
TMX Group shareholders:
Kingsdale Shareholder Services Inc. Toll-free 1-888-518-1556 (English and Français) within North America, or outside North America at 416-867-2272 (collect calls accepted) or by e-mail at [email protected]
Maple Media Contacts:
Peter Block
Toronto
416-848-1431
Jean-Sébastien Lamoureux
Montreal
514-843-2368
Maple Investor Contact:
Rudy Sankovic
416-308-7857
TMX Group Media Contact:
Carolyn Quick
Director, Corporate Communications
416-947-4597
[email protected]
TMX Group Investor Contact:
Paul Malcolmson
Director, Investor Relations
416-947-4317
[email protected]om
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