Buyers Emerge for Basis100’s EFA Group
EXCHANGE TECHNOLOGIES
TORONTO--A bidding war between exchanges and technology vendors to buy loss-making Canadian exchange systems vendor EFA Group from parent Basis100 has narrowed to two contenders--the Toronto Stock Exchange (TSX) and a vendor based in the Middle East known as Amwal, says a source familiar with the situation.
The source says that Swedish exchange technology group OM, Australian IT provider Computershare, pan-European exchange Euronext’s IT subsidiary Atos-Euronext and Italian financial technology
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