CanDeal DNA to acquire the fixed income data business of CIBC.

CanDeal Data and Analytics, a provider of Canadian financial markets' OTC data and information services, agreed to acquire the fixed income data business of Canadian Imperial Bank of Commerce. Financial terms were not disclosed. "The acquisition comes at a time of expansion and evolution in the Canadian fixed income markets, where greater emphasis is being put on data quality and accessibility. CanDeal DNA's acquisition of CIBC's fixed income data business reinforces and enhances our suite of services for Canadian market participants, democratizing access to the most informed bond pricing services available," Andre Craig, CanDeal DNA Executive Vice President.