TMX Group Acquires Cboe Canada, Australia $300M

TMX Group agreed to buy Cboe’s Canadian and Australian exchanges for $300 million, expanding its market footprint.
The acquired units generated about $87 million revenue and $25 million adjusted EBITDA in 2025, indicating solid profitability.
TMX will fund the purchase with cash and debt, CFO David Arnold said, targeting growth in derivatives, digital assets and prediction markets.