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Announced

Cboe Global Markets to acquire Chi-X Asia Pacific from J.C. Flowers.

Synopsis

Cboe Global Markets, an exchange holding company, agreed to acquire Chi-X Asia Pacific Holdings, an operator of exchange holdings in Australia and Japan, from J.C. Flowers, a private equity firm. Financial terms were not disclosed. "In the course of this investment, J.C. Flowers deployed capital, technology, and human resources to create significant market positions in equity-related trading in the important markets of Japan and Australia. We are gratified to see these efforts recognized by Cboe, which is known globally for offering cutting-edge trading and investment solutions. We are confident that Chi-X Asia Pacific will continue to grow to the benefit of the marketplaces and their participants," Thierry Porté, J.C. Flowers Managing Director.

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