TSX

Popular Topics:

No competition challenge for LSE/TMX merger

MINING.com Editor | June 3, 2011
computer finance

London Stock Exchange Group and its takeover target, TMX Group, said Friday Canadian competition authorities won't challenge the proposed combination of two exchange operators. The issuance of the no action letter satisfies a condition of a Feb. 9 agreement by LSE and the company that operates the Toronto Stock Exchange to join forces in a $3 billion deal.

A consortium of nine major Canadian banks and investment funds called Maple Group Acquisition Corp has made a hostile offer for TMX worth C$3.6 billion ($3.7 billion). The LSE proposal was not expected to raise any red flags from Canadian competition authorities, unlike the Maple bid.

  • The BarkerLetter

    Navigating toppy markets

    The BarkerLetter | March 11, 2011

    I'm watching Canada's Toronto Stock Exchange (TSX) these days, since the exchange is heavily weighted in and materials.

  • Top TSX miners increase market capitalisation $142 billion in 2010: Ernst & Young

    Michael Allan McCrae | March 3, 2011
    Copy of cohdranknfinance4

    Market capitalisation for miners on the TSX and TSX Venture rose from Can$325 billion in 2009 to $467 billion in 2010, according to a study released by Ernst & Young on Wednesday.

    The study also found that the mining sector raised $17.7 billion through IPOs and private placements, eclipsing the oil and gas industry which only managed $11.3 billion.

    The study also found that there were 52 mining initial public offerings on the TSX and TSX Venture that raised more than $1.3 billion.

  • Banner spot 2

  • Banner spot 3