Maple Group Acquisition is in discussion to add three to four other financial-services firms to join their consortium, The Wall Street Journal reports. Desjardins Financial Group, GMP Capital and Dundee Capital Markets are among the firms in talks to join Maple.
Maple currently includes Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Nova Scotia, National Bank of Canada and five Canadian pension funds. Maple Group tendered a counterbid for TMX to upset a merger deal struck between TMX and the London Stock Exchange.
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