Cboe Global Markets Acquires NEO (Aequitas Innovations)

November 15, 2021

Cboe Global Markets has entered into a definitive agreement to acquire Aequitas Innovations, Inc. (NEO), the operator of the Toronto-based NEO Exchange and related businesses including NEO Connect. The deal strengthens Cboe's Canadian equities and listings capabilities, combining NEO with Cboe's existing MATCHNow ATS to create a more comprehensive Canadian equities platform; the transaction is expected to close in H1 2022 subject to regulatory approvals.

Buyers
Cboe Global Markets, Inc.
Targets
Aequitas Innovations, Inc. (NEO)
Location
Ontario, Canada
Transaction Type
Buyout

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