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Cboe agrees to sell Cboe Australia and Cboe Canada to TMX Group for $300M
Cboe Global Markets has reached a definitive agreement to sell its Canadian and Australian equities exchanges, Cboe Canada and Cboe Australia, to TMX Group Limited for US$300 million. This sale is part of a strategic realignment by Cboe to focus on core strengths and emerging opportunities. The transaction is subject to regulatory approvals and is expected to close separately for each exchange, with Cboe providing transition services post-closing.