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* The Deal: The Canadian Securities Exchange (CSE) has entered into an agreement to acquire NSX Limited, the parent company of the National Stock Exchange of Australia (NSXA).
* Purpose: This acquisition will allow the CSE to expand its geographic footprint and partner with an exchange that has a similar focus on early-stage, entrepreneurial companies.
* Terms: The acquisition is an all-cash transaction.
* Rationale: The CSE aims to replicate its success in supporting small companies in Canada by providing a competitive alternative for capital formation and liquidity in the Australian market.
* NSXA Focus: The NSXA focuses on Australia’s early-stage capital community, with a strength in the resource sector.

Video courtesy of ABN-AMRO

Video courtesy of ABN-AMRO