LSE Loses With TMX Bid Winning or Not at Loonie Price

LSE Loses With TMX Bid Winning or Not at Loonie Price

Matthew Lloyd/Bloomberg

London Stock Exchange Group Plc’s original bid for TMX Group Inc. announced Feb. 9 was part of more than $30 billion in takeover offers for exchanges in less than six months, as bourses seek to cut costs and generate more revenue from trading in stocks, options and futures.