TMX chief confident that merger will meet Canada’s “net benefit” rule
Announcement follows proposed TMX merger with LSE
Regulatory approval needed for a firm to take control of more than 10% of the voting shares of TMX Group
Provincial regulator asked to hold hearings
Review to determine if deal is a “net benefit” to Canada
Deal would make the new company the world’s biggest exchange operator for mining and energy stocks
Rick Rule to join Sprott investment and management teams
Pronto! is market leader in personal loans
Deal boosts AGF’s total AUM to nearly $52 billion
Bank owns 97% of issued and outstanding shares