TMX Group Ltd. (TSX:X) has completed the acquisition of the transfer agent and corporate trust services business from Equity Financial, the stock exchange operator said Friday.
The business, which will be named TMX Equity Transfer Services, is now part of the portfolio of services provided by TMX Group to companies listed on Toronto Stock Exchange and TSX Venture Exchange.
These services also include investor relations, design services, shareholder data and tracking, and market analytics.
TMX Group expands into transfer agent business
The closing was completed as per the terms announced on February 13.