| Updated:
LSE rival bidder eyes new firms
THE HOSTILE bidder for Toronto bourse operator TMX Group is in talks with new members, as it looks to derail an agreed merger with the London Stock Exchange.
Desjardins Financial Group, GMP Capital and Dundee Capital are close to an agreement to join the Maple consortium of Candian banks and pension funds to bolster its $3.7bn (£2.4bn) hostile takeover bid for TMX Group.
They are threatening to derail the LSE’s friendly $3.5bn bid.