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BOX Technology group to combine with MEMX in connection with a strategic transaction valued at $2.3 billion

In a transaction announced on July 30, 2026, BLG is acting as Canadian counsel to BOX Technology group in connection with the approximately US$2.3 billion combination of BOX and MEMX into MEMX Group.

The transaction also involves TMX Group Limited acquiring a majority position in MEMX Group, resulting in TMX holding approximately 59 per cent of the combined business. BLG is assisting on Canadian aspects of the transaction, including M&A, securities and employment matters.

Read the news release: TMX Group and MEMX Announce Strategic Combination of MEMX and BOX into US$2.3 Billion MEMX Group.

The BLG team is led by Neil Hazan (M&A) and includes Vinay Desai (M&A); Denes Rothschild (Competition); Danny Kaufer (Labour and Employment); and Jean-Philippe Gagnon (Securities).