TMX To Acquire Razor Risk Technologies

TMX Group, the largest Canadian exchange operator, is planning to buy Razor Risk Technologies.

TMX Group, the largest Canadian exchange operator, is planning to buy Razor Risk Technologies, Reuters reports. TMX is acquiring the Sydney-based credit risk software provider for about $9.87 million.

The acquisition will allow the bourse an entry into the risk management sector. The TMX group itself is facing a $3.67 billion takeover bid.

Click here for the story from Reuters.