Skip to main content
NewslettersWatchlist

TMX Group buys news release distribution service Newsfile

The Canadian Press - Canadian Press - Wed Aug 7, 10:19AM CDT
TMX Group Ltd. logo is shown in a handout. The company says it has acquired news release distribution service Newsfile Corp. THE CANADIAN PRESS/HO

TORONTO — TMX Group Ltd. says it has acquired news release distribution service Newsfile Corp.

Financial terms of the deal were not immediately available.

TMX says the deal bolsters its capital formation business as it continues to expand its offerings beyond listings.

Newsfile offers news release distribution as well as regulatory filing services.

The company was established in 1997 and serves over 2,500 public and private clients.

TMX Group is the operator of the Toronto Stock Exchange, the TSX Venture Exchange, the TSX Alpha Exchange and other businesses.

This report by The Canadian Press was first published Aug. 7, 2024.

Companies in this story: (TSX:X)

Provided Content: Content provided by Canadian Press. The Globe and Mail was not involved, and material was not reviewed prior to publication.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2024.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).