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TMX Group announces sale of Razor Risk

First Published 6th January 2017

TMX Group has announced the sale of its risk management business Razor Risk to Parabellum.

TMX Group said the sale of its risk management business Razor Risk to UK-based Parabellum Ltd. wiil streamline the organization, enhance client services and achieve a more efficient cost structure.

The transaction closed December 31, 2016. The terms were not disclosed.

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