Canadian Industry Minister Tony Clement says he has no updated information about a possible review of the proposed $3.2 billion purchase of TMX Group Inc. by London Stock Exchange Group Plc.
Clement was speaking to reporters in Ottawa today. Last week he said the merger may be subject to a review under federal foreign-investment legislation.
He also told reporters today that he may respond this week to a court ruling on whether Globalive Communications Corp. can operate in the country. Clement said his officials have “made progress” on the Globalive issue.