CANADA - The proposed merger between the Montréal Exchange (MX) and the Toronto Stock Exchange (TSX) to create the TMX Group has been supported by the Caisse de dépôt et placement du Québec, the CAN$143.5bn (US$143.9bn) Québec pension fund manager.
The initial merger offer was questioned by the Caisse, which has an 8% stake in MX, as it said it had a number of concerns over the fine details of the plan. However, on inspection of documents ...
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