Quick View: First the Australians, now the Canadians
By Jeremy Grant
Published May 14 2011 FT
News - first reported by the FT - that an all-Canadian consortium of banks and pension funds have rallied round to stop the London Stock Exchange’s “merger of equals” with the TMX Group, with a C$2.8bn counter-bid, is a sign that Canada Inc has decided its national exchange cannot lose its independence in some foreign adventure.
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