The Ontario Securities Commission has now issued final recognition orders regarding
the Maple Group's proposed acquisition of TMX Group, Alpha
Group and Canadian Depository Services.
Meanwhile, the Commissioner of Competition has also issued a
"no-action letter" to Maple Group in respect of its
proposed acquisition of TMX Group, Alpha Group and Canadian
Depository Services. The Competition Bureau's review of the
Maple / TMX transaction was extensive. Maple Group (whose investors
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) announced on May 15, 2011, in the midst of the
failed bid by the TSX to merge
