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TMX Group Inc. and Maple Group Acquisition Corporation (Maple Group) today appeared at the public hearings on the subject of their proposed transaction, convened by the Ontario Securities Commission, which began today in Toronto.
The joint presentation included remarks on behalf of Maple from Luc Bertrand, Vice-Chairman, National Bank Financial and William Royan, Vice President, Relationship Investing, Ontario Teachers' Pension Plan. Appearing on behalf of TMX Group were Tom Kloet, Chief Executive Officer, and Kevan Cowan, President, TSX Markets and Group Head of Equities.
Mr. Kloet said:
“We believe the Maple investors share our ambition to capture new growth internationally. We will continue to act in the public interest by maintaining quality markets that deliver the value, service and benefits for all of our stakeholders.”
Mr. Bertrand added:
“It is our belief that the model we are proposing will strengthen TMX Group's international position and enhance our capital markets' ability to grow and attract new activity in an increasingly global and hyper-competitive financial marketplace.
The full presentation may be viewed at www.tmx.com/maple.
