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TSX owner to buy commodities trading platform Trayport from ICE
October 27, 2017 / 11:17 AM / 2 months ago

TSX owner to buy commodities trading platform Trayport from ICE

Oct 27 (Reuters) - TMX Group Ltd, owner of the Toronto Stock Exchange, said on Friday it would buy commodities trading platform Trayport from Intercontinental Exchange Inc for C$931 million ($723 million).

TMX also said it would sell Natural Gas Exchange Inc and Shorcan Energy Brokers Inc to ICE in a deal valued at C$339 million. ($1 = C$1.29) (Reporting by John Benny in Bengaluru; Editing by Savio D‘Souza)

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