TMX Group to sell its 24% stake in fixed income index business

TMX Group (TSX:X) has announced it has completed the sale of its entire 24.2% shareholding in FTSE TMX Global Debt Capital Markets Limited to FTSE International Limited.

TMX Group’s decision to enter into this transaction was made within the scope of the company’s strategy to focus resources on growing core data and analytics businesses.

Terms of the agreement were not announced.

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