July 4, 2012 / 11:45 AM / 5 years ago

Maple-TMX deal wins nod from Ontario Securities Commission

TORONTO, July 4 (Reuters) - Canadian exchange operator TMX Group said on Wednesday its proposed acquisition by a consortium of Canadian financial institutions has won approval from Canada's top securities regulator, the Ontario Securities Commission.

TMX and its acquirer Maple Group, in a joint statement, said the OSC will issue its final recognition orders in regard to the C$3.8 billion ($3.75 billion) deal later on Wednesday.

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