{"success":true,"data":{"pressRelease":{"id":"4167","rtpr_id":"nPnbTpJh1a","ticker":"CBOE","exchange":"CBOE","all_tickers":["CBOE"],"title":"Cboe Announces Agreement to Sell Cboe Australia and Cboe Canada to TMX Group","author":"PR Newswire","published_at":"2026-04-22T10:00:04.813Z","article_body":"Cboe Announces Agreement to Sell Cboe Australia and Cboe Canada to TMX Group\n\nPR Newswire\n\nCHICAGO, April 22, 2026\n\nCHICAGO, April 22, 2026 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe:\nCBOE), a leading global markets operator and pioneer in equity derivatives,\ntoday announced that it has reached a definitive agreement to sell its\nCanadian and Australian equities exchanges, Cboe Canada and Cboe Australia, to\nTMX Group Limited (TMX Group), a leading market operator. The aggregate sale\nprice is $300 million USD.\n\n(https://mma.prnewswire.com/media/2868951/Cboe_Logo.html)\n\nCboe announced plans in October 2025 to sell its Australian and Canadian\nequities businesses as part of a strategic realignment to sharpen its\nstrategic focus on core strengths and emerging opportunities aligned with its\nlong-term strategy – positioning the company to lead in a dynamic and\nevolving global markets landscape.\n\n\"We are pleased to reach an agreement to sell these businesses to TMX Group, a\nlongstanding and well-established market operator,\" said Craig Donohue, Chief\nExecutive Officer of Cboe Global Markets. \"The transaction will bring Cboe\nAustralia and Cboe Canada under new ownership well suited to support their\nnext chapter, while enabling Cboe to reallocate resources and capital towards\noptimizing our core businesses for further growth and profitability, and\npursuing opportunities in new and emerging areas.\"\n\n\"This transaction marks an important milestone in our strategic realignment,\nallowing us to sharpen our focus on the growth opportunities that will\nposition Cboe for long-term success,\" said Prashant Bhatia, EVP, Head of\nEnterprise Strategy & Corporate Development at Cboe Global Markets. \"As\nour industry undergoes rapid transformation – driven by expanding retail\nparticipation and rising demand for innovative products, the emergence of\nevent and prediction markets, the accelerating adoption of digital assets and\ntokenization, and the evolution toward 24x7, on‑chain markets with atomic\nsettlement – we see significant opportunity to build on our strengths and\naccelerate growth by focusing on areas where we can lead and differentiate.\"\n\nThe transaction is subject to customary closing conditions, including\napplicable regulatory approvals. The acquisitions of Cboe Australia and Cboe\nCanada are expected to close separately, each after required approvals have\nbeen obtained.\n\nUntil the transactions close, Cboe will continue to operate both exchanges as\nusual. Cboe will work closely with customers, regulators, and other key\nstakeholders in both jurisdictions to support a smooth and orderly transition.\nAdditionally, Cboe will provide transition services support for a limited time\npost closing.\n\nCboe will provide an update regarding the potential financial implications of\nthe transaction during its first quarter earnings call taking place on Friday,\nMay 1, 2026.\n\nBarclays Capital Inc. is acting as financial advisor to Cboe. Sidley Austin\nLLP; Blake, Cassels & Graydon LLP; and Mallesons are serving as Cboe's\noutside legal counsel.\n\nAbout Cboe Global Markets\n\nCboe Global Markets (Cboe: CBOE) is a leading global markets operator with a\nlong history of innovation in equity derivatives. Since launching the world's\nfirst listed options exchange in 1973, Cboe has pioneered landmark products,\nincluding the introduction of S&P 500® index options and the creation of\nthe VIX® Index, the world's leading gauge of market volatility, reshaping how\ninvestors manage risk and access opportunity. Today, Cboe operates\nderivatives, equities, and FX markets, providing trading, clearing, and\ninvestment solutions for customers worldwide. To learn more, visit\nwww.cboe.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4670487-1&h=1943438036&u=http%3A%2F%2Fwww.cboe.com%2F&a=www.cboe.com)\n.\n Cboe Media Contacts                                           Cboe Analyst Contact\n Angela Tu         Tim Cave               Stephanie Duncan     Kenneth Hill, CFA\n\n+1-646-856-8734\n+44 (0) 7593-506-719\n+61 403 691 275\n+1-312-786-7559\n\natu@cboe.com\ntcave@cboe.com\nsduncan@cboe.com\nkhill@cboe.com\n\nCBOE-C\nCBOE-OE\n\nCboe®, Cboe Global Markets®, and VIX ® are registered trademarks or service\nmarks of Cboe Exchange, Inc and S&P 500® is a registered trademark of\nStandard & Poor's Financial Services LLC. All other trademarks and service\nmarks are the property of their respective owners.\n\nCautionary Statements Regarding Forward-Looking Information\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995 that involve a number of\nrisks and uncertainties. You can identify these statements by forward-looking\nwords such as \"may,\" \"might,\" \"should,\" \"expect,\" \"plan,\" \"anticipate,\"\n\"believe,\" \"estimate,\" \"predict,\" \"potential\" or \"continue,\" and the negative\nof these terms and other comparable terminology. All statements that reflect\nour expectations, assumptions or projections about the future other than\nstatements of historical fact are forward-looking statements. These\nforward-looking statements, which are subject to known and unknown risks,\nuncertainties and assumptions about us, may include projections of our future\nfinancial performance based on our growth strategies and anticipated trends in\nour business. These statements are only predictions based on our current\nexpectations and projections about future events. There are important factors\nthat could cause our actual results, level of activity, performance or\nachievements to differ materially from those expressed or implied by the\nforward-looking statements.\n\nWe operate in a very competitive and rapidly changing environment. New risks\nand uncertainties emerge from time to time, and it is not possible to predict\nall risks and uncertainties, nor can we assess the impact of all factors on\nour business or the extent to which any factor, or combination of factors, may\ncause actual results to differ materially from those contained in any\nforward-looking statements.\n\nSome factors that could cause actual results to differ include: the loss of\nour right to exclusively list and trade certain index options and futures\nproducts; economic, political and market conditions; compliance with legal and\nregulatory obligations; price and new products and services competition and\nconsolidation in our industry; decreases in trading or clearing volumes,\nmarket data fees or a shift in the mix of products traded on our exchanges;\nlegislative or regulatory changes or changes in tax regimes; our ability to\nprotect our systems and communication networks from security vulnerabilities\nand breaches; our ability to attract and retain skilled management and other\npersonnel; increasing competition by foreign and domestic entities; our\nbusiness and operational dependence on and exposure to risk from third\nparties; factors that impact the quality and integrity of our and other\napplicable indices; our ability to manage our global operations, growth, and\nstrategic acquisitions, wind downs, divestitures, or alliances effectively;\nincreases in the cost of the products and services we use; our ability to\noperate our business without violating the intellectual property rights of\nothers and the costs associated with protecting our intellectual property\nrights; our ability to minimize the risks, including our credit, liquidity,\nmarket, investment, counterparty, and default risks, associated with operating\nour  clearinghouses; our ability to accommodate trading and clearing volume\nand transaction traffic, including significant increases, without failure or\ndegradation of performance of our systems; misconduct by those who use our\nmarkets or our products or for whom we clear transactions; challenges to our\nuse of open source software code; our ability to meet our compliance\nobligations, including managing our business interests and our regulatory\nresponsibilities; the loss of key customers or a significant reduction in\ntrading or clearing volumes by key customers; damage to our reputation; the\nability of our compliance and risk management methods to effectively monitor\nand manage our risks; restrictions imposed by our debt obligations and our\nability to make payments on or refinance our debt obligations; our ability to\nmaintain an investment grade credit rating; impairment of our goodwill,\nlong-lived assets, investments or intangible assets; the accuracy of our\nestimates and expectations; and litigation risks and other liabilities. More\ndetailed information about factors that may affect our actual results to\ndiffer may be found in our filings with the SEC, including in our Annual\nReport on Form 10-K for the year ended December 31, 2025 and other filings\nmade from time to time with the SEC.\n\nWe do not undertake, and we expressly disclaim, any duty to update any\nforward-looking statement whether as a result of new information, future\nevents or otherwise, except as required by law. Readers are cautioned not to\nplace undue reliance on these forward-looking statements, which speak only as\nof the date hereof.\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/cboe-announces-agreement-to-sell-cboe-australia-and-cboe-canada-to-tmx-group-302749644.html\n(https://www.prnewswire.com/news-releases/cboe-announces-agreement-to-sell-cboe-australia-and-cboe-canada-to-tmx-group-302749644.html)\n\nSOURCE Cboe Global Markets, Inc.\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2868951/Cboe_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPnbTpJh1a","title":"Cboe Announces Agreement to Sell Cboe Australia and Cboe Canada to TMX Group","author":"PR Newswire","ticker":"CBOE","created":"2026-04-22T10:00:04.813Z","tickers":["CBOE"],"exchange":"CBOE","article_body":"Cboe Announces Agreement to Sell Cboe Australia and Cboe Canada to TMX Group\n\nPR Newswire\n\nCHICAGO, April 22, 2026\n\nCHICAGO, April 22, 2026 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe:\nCBOE), a leading global markets operator and pioneer in equity derivatives,\ntoday announced that it has reached a definitive agreement to sell its\nCanadian and Australian equities exchanges, Cboe Canada and Cboe Australia, to\nTMX Group Limited (TMX Group), a leading market operator. The aggregate sale\nprice is $300 million USD.\n\n(https://mma.prnewswire.com/media/2868951/Cboe_Logo.html)\n\nCboe announced plans in October 2025 to sell its Australian and Canadian\nequities businesses as part of a strategic realignment to sharpen its\nstrategic focus on core strengths and emerging opportunities aligned with its\nlong-term strategy – positioning the company to lead in a dynamic and\nevolving global markets landscape.\n\n\"We are pleased to reach an agreement to sell these businesses to TMX Group, a\nlongstanding and well-established market operator,\" said Craig Donohue, Chief\nExecutive Officer of Cboe Global Markets. \"The transaction will bring Cboe\nAustralia and Cboe Canada under new ownership well suited to support their\nnext chapter, while enabling Cboe to reallocate resources and capital towards\noptimizing our core businesses for further growth and profitability, and\npursuing opportunities in new and emerging areas.\"\n\n\"This transaction marks an important milestone in our strategic realignment,\nallowing us to sharpen our focus on the growth opportunities that will\nposition Cboe for long-term success,\" said Prashant Bhatia, EVP, Head of\nEnterprise Strategy & Corporate Development at Cboe Global Markets. \"As\nour industry undergoes rapid transformation – driven by expanding retail\nparticipation and rising demand for innovative products, the emergence of\nevent and prediction markets, the accelerating adoption of digital assets and\ntokenization, and the evolution toward 24x7, on‑chain markets with atomic\nsettlement – we see significant opportunity to build on our strengths and\naccelerate growth by focusing on areas where we can lead and differentiate.\"\n\nThe transaction is subject to customary closing conditions, including\napplicable regulatory approvals. The acquisitions of Cboe Australia and Cboe\nCanada are expected to close separately, each after required approvals have\nbeen obtained.\n\nUntil the transactions close, Cboe will continue to operate both exchanges as\nusual. Cboe will work closely with customers, regulators, and other key\nstakeholders in both jurisdictions to support a smooth and orderly transition.\nAdditionally, Cboe will provide transition services support for a limited time\npost closing.\n\nCboe will provide an update regarding the potential financial implications of\nthe transaction during its first quarter earnings call taking place on Friday,\nMay 1, 2026.\n\nBarclays Capital Inc. is acting as financial advisor to Cboe. Sidley Austin\nLLP; Blake, Cassels & Graydon LLP; and Mallesons are serving as Cboe's\noutside legal counsel.\n\nAbout Cboe Global Markets\n\nCboe Global Markets (Cboe: CBOE) is a leading global markets operator with a\nlong history of innovation in equity derivatives. Since launching the world's\nfirst listed options exchange in 1973, Cboe has pioneered landmark products,\nincluding the introduction of S&P 500® index options and the creation of\nthe VIX® Index, the world's leading gauge of market volatility, reshaping how\ninvestors manage risk and access opportunity. Today, Cboe operates\nderivatives, equities, and FX markets, providing trading, clearing, and\ninvestment solutions for customers worldwide. To learn more, visit\nwww.cboe.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4670487-1&h=1943438036&u=http%3A%2F%2Fwww.cboe.com%2F&a=www.cboe.com)\n.\n Cboe Media Contacts                                           Cboe Analyst Contact\n Angela Tu         Tim Cave               Stephanie Duncan     Kenneth Hill, CFA\n\n+1-646-856-8734\n+44 (0) 7593-506-719\n+61 403 691 275\n+1-312-786-7559\n\natu@cboe.com\ntcave@cboe.com\nsduncan@cboe.com\nkhill@cboe.com\n\nCBOE-C\nCBOE-OE\n\nCboe®, Cboe Global Markets®, and VIX ® are registered trademarks or service\nmarks of Cboe Exchange, Inc and S&P 500® is a registered trademark of\nStandard & Poor's Financial Services LLC. All other trademarks and service\nmarks are the property of their respective owners.\n\nCautionary Statements Regarding Forward-Looking Information\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995 that involve a number of\nrisks and uncertainties. You can identify these statements by forward-looking\nwords such as \"may,\" \"might,\" \"should,\" \"expect,\" \"plan,\" \"anticipate,\"\n\"believe,\" \"estimate,\" \"predict,\" \"potential\" or \"continue,\" and the negative\nof these terms and other comparable terminology. All statements that reflect\nour expectations, assumptions or projections about the future other than\nstatements of historical fact are forward-looking statements. These\nforward-looking statements, which are subject to known and unknown risks,\nuncertainties and assumptions about us, may include projections of our future\nfinancial performance based on our growth strategies and anticipated trends in\nour business. These statements are only predictions based on our current\nexpectations and projections about future events. There are important factors\nthat could cause our actual results, level of activity, performance or\nachievements to differ materially from those expressed or implied by the\nforward-looking statements.\n\nWe operate in a very competitive and rapidly changing environment. New risks\nand uncertainties emerge from time to time, and it is not possible to predict\nall risks and uncertainties, nor can we assess the impact of all factors on\nour business or the extent to which any factor, or combination of factors, may\ncause actual results to differ materially from those contained in any\nforward-looking statements.\n\nSome factors that could cause actual results to differ include: the loss of\nour right to exclusively list and trade certain index options and futures\nproducts; economic, political and market conditions; compliance with legal and\nregulatory obligations; price and new products and services competition and\nconsolidation in our industry; decreases in trading or clearing volumes,\nmarket data fees or a shift in the mix of products traded on our exchanges;\nlegislative or regulatory changes or changes in tax regimes; our ability to\nprotect our systems and communication networks from security vulnerabilities\nand breaches; our ability to attract and retain skilled management and other\npersonnel; increasing competition by foreign and domestic entities; our\nbusiness and operational dependence on and exposure to risk from third\nparties; factors that impact the quality and integrity of our and other\napplicable indices; our ability to manage our global operations, growth, and\nstrategic acquisitions, wind downs, divestitures, or alliances effectively;\nincreases in the cost of the products and services we use; our ability to\noperate our business without violating the intellectual property rights of\nothers and the costs associated with protecting our intellectual property\nrights; our ability to minimize the risks, including our credit, liquidity,\nmarket, investment, counterparty, and default risks, associated with operating\nour  clearinghouses; our ability to accommodate trading and clearing volume\nand transaction traffic, including significant increases, without failure or\ndegradation of performance of our systems; misconduct by those who use our\nmarkets or our products or for whom we clear transactions; challenges to our\nuse of open source software code; our ability to meet our compliance\nobligations, including managing our business interests and our regulatory\nresponsibilities; the loss of key customers or a significant reduction in\ntrading or clearing volumes by key customers; damage to our reputation; the\nability of our compliance and risk management methods to effectively monitor\nand manage our risks; restrictions imposed by our debt obligations and our\nability to make payments on or refinance our debt obligations; our ability to\nmaintain an investment grade credit rating; impairment of our goodwill,\nlong-lived assets, investments or intangible assets; the accuracy of our\nestimates and expectations; and litigation risks and other liabilities. More\ndetailed information about factors that may affect our actual results to\ndiffer may be found in our filings with the SEC, including in our Annual\nReport on Form 10-K for the year ended December 31, 2025 and other filings\nmade from time to time with the SEC.\n\nWe do not undertake, and we expressly disclaim, any duty to update any\nforward-looking statement whether as a result of new information, future\nevents or otherwise, except as required by law. Readers are cautioned not to\nplace undue reliance on these forward-looking statements, which speak only as\nof the date hereof.\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/cboe-announces-agreement-to-sell-cboe-australia-and-cboe-canada-to-tmx-group-302749644.html\n(https://www.prnewswire.com/news-releases/cboe-announces-agreement-to-sell-cboe-australia-and-cboe-canada-to-tmx-group-302749644.html)\n\nSOURCE Cboe Global Markets, Inc.\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2868951/Cboe_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-04-22T10:00:04.882530214Z","server_sent_at_ms":1776852004882},"received_at":"2026-04-22T10:00:04.935Z","source_url":null},"analysis":{"id":"2903","press_release_id":"4167","analysis_json":{"industry":{"label":"Financial Services","sector":"Financials"},"redFlags":[],"eventType":"m_and_a","narrative":"Cboe Global Markets has agreed to sell its Canadian and Australian equities exchanges to TMX Group for $300 million USD.\n\nThe divestiture supports a strategic realignment to sharpen focus on core strengths, including derivatives and emerging areas like digital assets and tokenization.\n\nThe transaction is subject to regulatory approvals, with financial implications to be detailed on the Q1 earnings call on May 1, 2026.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Cboe offloads peripheral equities exchanges to double down on derivatives and digital assets."},"keyFigures":{"dealValueUsd":300000000},"quotedText":"The transaction will bring Cboe Australia and Cboe Canada under new ownership well suited to support their next chapter, while enabling Cboe to reallocate resources and capital towards optimizing our core businesses for further growth and profitability, and pursuing opportunities in new and emerging areas.","namedEntities":{"people":[{"name":"Craig Donohue","role":"Chief Executive Officer"},{"name":"Prashant Bhatia","role":"EVP, Head of Enterprise Strategy & Corporate Development"}],"products":["Cboe Australia","Cboe Canada","VIX Index","S&P 500 index options"],"companies":[{"name":"TMX Group Limited","relationship":"acquirer"},{"name":"Barclays Capital Inc.","relationship":"financial advisor"},{"name":"Sidley Austin LLP","relationship":"legal counsel"},{"name":"Blake, Cassels & Graydon LLP","relationship":"legal counsel"},{"name":"Mallesons","relationship":"legal counsel"}],"dollarAmounts":[{"amount":"$300 million USD","context":"aggregate sale price"}]},"materialImpact":{"score":4,"reasoning":"Definitive agreement to sell non-core subsidiaries (Cboe Canada and Cboe Australia) for $300 million, enabling capital reallocation to core derivatives and emerging digital asset opportunities."},"tickerRelevance":{"others":[],"primary":"CBOE"},"eventTypeSecondary":[]},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":4,"narrative":"Cboe Global Markets has agreed to sell its Canadian and Australian equities exchanges to TMX Group for $300 million USD.\n\nThe divestiture supports a strategic realignment to sharpen focus on core strengths, including derivatives and emerging areas like digital assets and tokenization.\n\nThe transaction is subject to regulatory approvals, with financial implications to be detailed on the Q1 earnings call on May 1, 2026.","key_figures":{"dealValueUsd":300000000},"named_entities":{"people":[{"name":"Craig Donohue","role":"Chief Executive Officer"},{"name":"Prashant Bhatia","role":"EVP, Head of Enterprise Strategy & Corporate Development"}],"products":["Cboe Australia","Cboe Canada","VIX Index","S&P 500 index options"],"companies":[{"name":"TMX Group Limited","relationship":"acquirer"},{"name":"Barclays Capital Inc.","relationship":"financial advisor"},{"name":"Sidley Austin LLP","relationship":"legal counsel"},{"name":"Blake, Cassels & Graydon LLP","relationship":"legal counsel"},{"name":"Mallesons","relationship":"legal counsel"}],"dollarAmounts":[{"amount":"$300 million USD","context":"aggregate sale price"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T10:10:40.227Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:53.907Z"}},"durationMs":50818,"modelName":"glm-4.7"}}