EXCHANGE NEWSWIRE 8/1
TMX and Maple Group announced the take up of Maple’s C$50 per share cash proposal to acquire TMX, and that all conditions to the offer have been satisfied. According to a TMX press release, the new Maple Board of Directors has been appointed, with approximately 91% of outstanding TMX shares deposited under the offer, which remains open until 5pm ET on August 10.
ICE reported 2Q12 EPS of $1.95 (+19% y/y), on revenues of $351m (+8% y/y) and expenses of $136m (+1% y/y). Futures revenues were $169m (+14% y/y) and OTC revenues of $137m (-2% y/y). Futures ADV was 1.6m contracts (+11% y/y), and OTC ADC was $2.37m (+7% y/y).
CBOE’s Board of Directors approved a 25% increase to its quarterly cash dividend to $0.15 per share from $0.12 per share before. The Board also authorized the company to repurchase an additional $100m of its outstanding stock.