Deals
LSE’s TMX Bid Has Lower Odds of Success Than NYSE Deal
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The London Stock Exchange Group Plc’s bid for TMX Group Inc. is more likely to fail than Deutsche Boerse AG’s takeover of the New York Stock Exchange, bets from equity traders show.
Shares of the Toronto Stock Exchange owner are trading about 8 percent below the C$43.91 a share offer from the LSE, while the owner of the New York bourse’s shares are in line with the bid by Europe’s biggest exchange.