Sidley Represents Cboe Global Markets in Its US$300 Million Sale of Cboe Australia and Cboe Canada to TMX Group

Sidley is representing Cboe Global Markets, Inc. (Cboe: CBOE), a global exchange operator focused on equity derivatives, in the US$300 million sale of its Australian and Canadian equity exchanges to TMX Group Limited. The sale follows Cboe’s announcement in October 2025 of a strategic realignment to divest its Australian and Canadian equities business and refocus on its core operations. By exiting these markets, Cboe expects to reallocate capital and resources toward areas of growth, and the transaction marks a key step in advancing Cboe’s long-term priorities.

The Sidley team is being led by Pran Jha and Danielle Haikal (M&A), and Kyle Barnett (Technology Transactions), and includes Taylor Shuman, Madeleine Larock, and Hannah Vance (M&A); Scott Pollock and Alice Qin (Tax); and Christian Pilhofer (Employee Benefits and Executive Compensation).