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Maple Group Acquisition Corporation ("Maple"), a corporation whose investors comprise 13 of Canada’s leading financial institutions and pension funds, today announced that it has entered into a Mutual Confidentiality Agreement with TMX Group Inc. ("TMX Group") (TSX: X) that provides for confidential discussions regarding the proposed acquisition by Maple of all of the outstanding common shares of TMX Group.
Speaking on behalf of Maple, Luc Bertrand said, “We look forward to engaging in collaborative discussions with TMX Group. While there can be no assurance that these discussions will ultimately lead to a TMX Group Board supported transaction, the signing of this agreement and the commencement of discussions is a positive step.”
The Mutual Confidentiality Agreement between Maple and TMX Group has been filed on SEDAR.
The commencement of discussions with TMX Group does not affect the status of Maple's current offer, details of which are available in its Offer and Circular documents dated June 10, 2011, as varied by a notice of variation dated June 24, 2011. These documents have been filed on SEDAR and sent to TMX Group shareholders, and are also available at www.abetterexchange.com.
