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Canadian Securities Exchange to Acquire National Stock Exchange of Australia
Canadian Securities Exchange to Acquire National Stock Exchange of Australia
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The Canadian Securities Exchange (CSE) has agreed to acquire NSX Limited, the parent company of Australia’s National Stock Exchange (NSXA), in an all-cash deal valued at AUD$0.035 per share. The transaction positions NSXA to enhance its listings, trading, and market information services, particularly for Australia’s early-stage capital market.
CSE’s expansion strategy leverages its Canadian success in supporting small companies, now extending its expertise to the Australian market. The acquisition could disrupt Australia’s exchange landscape, offering new opportunities for issuers and investors under CSE’s management.
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