CBOE · 10-Q · 2026Q3 · Full report

Acquisitions and Divestitures

Cboe Global Markets, Inc. · 2026-10-30 · Importance 53 · Surprise 60 · Contradicted

Cboe announced a definitive agreement on April 22, 2026, to sell Cboe Australia and Cboe Canada to TMX Group Limited for approximately $300 million, subject to customary closing conditions and regulatory approvals. The Cboe Australia sale closed on July 31, 2026, while the Cboe Canada sale remained pending required approvals. Cboe recorded a $71.5 million net gain on the Cboe Australia sale in the three and nine months ended September 30, 2026. Divestitures reduced nine-month net revenue by $20.3 million for the organic net revenue reconciliation.

Key facts

• Cboe announced a definitive agreement on April 22, 2026 to sell Cboe Australia and Cboe Canada to TMX Group Limited for approximately $300 million; the sale of Cboe Australia closed July 31, 2026, and the Cboe Canada sale is expected to close after required approvals. source
• Cboe recorded a net gain on divestiture of $71.5 million for the three and nine months ended September 30, 2026, related to the sale of Cboe Australia to TMX. source
• The sale of Cboe Australia generated a $71.5 million gain on divestiture in the three and nine months ended September 30, 2026. source
• Cboe's sale of Cboe Australia to TMX closed in July 2026. source
• Cboe's former investment in 7Ridge Fund was fully exited as of September 30, 2026. source
• Cboe's transition services agreement with TMX generated income structured to offset operating expenses incurred during the transition. source

Impact estimates