Public hearings for proposed Maple Group transaction

By Staff | October 20, 2011 | Last updated on October 20, 2011
1 min read

The Autorité des marchés financiers (AMF) will be holding public hearings on the transactions proposed by the Maple Group Acquisition Corporation. The hearings will be held on Nov. 24 and 25, 2011 at the Palais des congrès de Montréal.

On Oct. 3, 2011, Maple—which includes the Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan, among other pension funds and financial institutions—filed an application to acquire 100% of the outstanding common shares issued by TMX Group Inc. In its application, Maple also proposed that, concurrently or following the acquisition of TMX Group, it will acquire Alpha Trading Systems Limited Partnership and Alpha Trading Systems Inc. as well as The Canadian Depository for Securities Limited and, indirectly, CDS Clearing and Depository Services Inc.

In addition to the CPPIB and Teachers’, Maple Group includes the Alberta Investment Management Corp., Caisse de dépôt et placement du Québec, CIBC World Markets Inc., Desjardins Financial Group, Dundee Capital Markets Inc., Fonds de solidarité des travailleurs du Québec, GMP Capital Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc. and The Manufacturers Life Insurance Company.

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.