On August 10, 2012, Maple Group Acquisition Corporation (Maple) completed its $3.8 billion takeover bid for TMX Group Inc. (TMX Group). In accordance with the terms of the offer, Maple acquired 80 per cent of the outstanding TMX Group shares at $50 per share in cash. Maple was also formally renamed as TMX Group Limited.
Borden Ladner Gervais LLP’s Paul Findlay and David Surat represented the Canadian Pension Plan Investment Board with its investment in Maple and Maple’s takeover bid for TMX Group.
TMX Group Limited owns and operates the Toronto Stock Exchange, TSX Venture Exchange and the Montréal Exchange.
