TMX Group Limited Announces Agreement to Acquire RAFI Indices from Research Affiliates

TMX Group Limited Announces Agreement to Acquire RAFI Indices from Research Affiliates

Client News

TMX Group Limited announced an agreement to acquire RAFI Indices from Research Affiliates Global Holdings, a global index provider and investment advisor, for US$490 million in total consideration. The acquisition will significantly expand equity portfolio coverage of TMX VettaFi, a differentiated index provider with modern distribution solutions, and a TMX Group Limited subsidiary. The transaction is anticipated to close by the end of Q3 2026, subject to regulatory approval and customary closing conditions.

WilmerHale advised TMX Group Limited in the transaction.

The WilmerHale team was led by Stephanie Evans, Eric Hanson and Stephen Gillespie, and included Amanda Albert, Meghan Walsh, Sarah Matchett, Kyle Kessler, Frank Wang, Skyler Elise Dykes and Madeline Simpson.

Notice

Unless you are an existing client, before communicating with WilmerHale by e-mail (or otherwise), please read the Disclaimer referenced by this link. (The Disclaimer is also accessible from the opening of this website). As noted therein, until you have received from us a written statement that we represent you in a particular manner (an "engagement letter") you should not send to us any confidential information about any such matter. After we have undertaken representation of you concerning a matter, you will be our client, and we may thereafter exchange confidential information freely.

Thank you for your interest in WilmerHale.