TMX Group completed the acquisition of the remaining 78% stake in VettaFi for $848m.

TMX Group, a financial services company, completed the acquisition of the remaining 78% stake in VettaFi, a US-based, indexing, digital distribution, analytics and thought leadership company, for $848m. "The acquisition of VettaFi will add a dynamic new component to our growing information business, with an exciting set of capabilities and a visionary, innovative team committed to client success. The experience of working together this year has confirmed that TMX and VettaFi are a powerful combination and a tremendous culture fit. Moving forward, the addition of VettaFi increases the depth and value of data-driven insights we provide to clients, expands our digital expertise and enriches our industry-leading support for ETF issuers. From a strategic standpoint, this acquisition accelerates TMX's long-term global expansion, and increases the proportion of revenue derived from our global solutions, Insights and Analytics division, and from recurring sources," John McKenzie, TMX Group CEO.