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Announced today that it has made a strategic investment in VettaFi Holdings LLC, a US-based, privately owned data, analytics, indexing, digital distribution, and thought leadership company. VettaFi cultivates an industry-leading, data-driven platform, built to empower and educate the modern financial advisor, asset manager and institutional investor. TMX Group has acquired approximately 21% of the common equity of VettaFi for US$175 million, or approximately CAD$234 million. The transaction closed January 9, 2023. TMX Group Ltd shares T.X are trading up $1.60 at $138.96.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
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