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New Deal


Announced

FTSE Russell acquires minority interests to assume 100% ownership of FTSE TMX Global Debt Capital Markets.

Synopsis

FTSE Russell, a British provider of stock market indices and associated data services, acquired minority interests from TMX Group, a Canadian financial services company, to assume 100% ownership of FTSE TMX Global Debt Capital Markets. The acquisition of the minority interests has been made through FTSE International Limited, a wholly owned subsidiary of London Stock Exchange Group. The terms of the transaction have not been disclosed. Mark Makepeace, CEO of FTSE Russell: “We continue to see demand from clients, including global institutional asset owners, for multi-asset solutions in the index and analytics space. FTSE Russell is the most diversified of the global benchmark providers and is well positioned to benefit from these key industry trends delivering a broad offering of equity and fixed income benchmarks, data and analytics.”

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