TMX Group Mum on Talk of Possible Maple Group Ties: report

By MT Newswires,  June 30, 2011, 02:37:53 PM EDT

Still stinging from calling off its marriage to the London Stock Exchange, TMX Group (X.TO), operator of the Toronto Stock Exchange, wasn't ready on Thursday to start talking about a tie-up with the Canadian suitor that has made a hostile bid to take it over, Reuters reported.

"We've been very committed to a deal with the LSE group and we've not been flirting elsewhere so to speak," TMX Chief Executive Tom Kloet said. He reportedly added his company was focusing on growth after scrapping the $3.6 billion deal with the LSE on Wednesday.

"We're not in any of those discussions right now, but the reality is that one never knows what will happen," Kloet told journalists after the TMX annual shareholder meeting.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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