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Cboe Global Markets plans to sell its Australian equities business to focus on core and high-growth markets.
Cboe Global Markets plans to sell its Australian equities business, Cboe Australia, as part of a strategic shift to focus on core operations and high-growth markets. The move follows regulatory approval to list companies on its platform in Australia and comes amid broader efforts to streamline operations, including a potential sale of its Canadian unit. While no buyer or timeline has been confirmed, the divestiture could impact market competition and infrastructure. The decision reflects a global realignment by Cboe, prioritizing expansion in emerging areas over maintaining regional exchanges.
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