Overview
- Cboe, which announced the deal Wednesday, agreed to sell Cboe Canada and Cboe Australia to TMX Group for $300 million.
- The transaction needs regulatory approvals in Canada and Australia, and each market is expected to close on its own timeline.
- Cboe will keep running both exchanges until closing and will offer limited transition support after the handover.
- Cboe says the move lets it redeploy resources to its core businesses and to areas like digital assets and around-the-clock, on‑chain markets.
- The company first outlined plans to exit these regional equities units in October 2025 as part of a broader strategic realignment, and it will brief investors on May 1 about expected financial effects.