July 18, 2011 / 9:59 PM / 7 years ago

UPDATE 1-Maple Group says Canadian watchdog seeks more details on TMX bid

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July 18 (Reuters) - Maple Group Acquisition Corp, a consortium of Canadian banks and pension funds that has bid for Toronto Stock Exchange operator, TMX Group , said Canada’s Competition Bureau is seeking more information to complete its review of the proposed deal.

The 13-member consortium is working with the Bureau to provide the information requested, it said.

Maple Group also said it did not get any requests for additional information or documents related to the proposed takeover from the United States Department of Justice (DoJ) or the U.S. Federal Trade Commission (FTC).

No further reviews are necessary by either the U.S. DoJ or FTC, Maple Group said in a statement. (Reporting by Abhiram Nandakumar in Bangalore; Editing by Viraj Nair)

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