Cboe Global Markets Agrees to Acquire Chi-X Asia Pacific

Cboe Global Markets, Inc. announced it has entered into a definitive agreement to acquire Chi-X Asia Pacific Holdings, Ltd., an alternative market operator and provider of innovative market solutions, from J.C. Flowers & Co. LLC. This acquisition will provide Cboe with a single point of entry into two key capital markets – Australia and Japan – to help enable it to expand its global equities business into Asia Pacific, bring other products and services to the region, and further expand access to its unique proprietary product suite in the region. The transaction is expected to close in the second or third quarter of 2021, subject to regulatory review and other customary closing conditions. David Howson, currently President of Cboe's European operations will lead the company's business expansion into the region and has been promoted to President, Europe and Asia Pacific. The planned acquisition builds on Cboe's newly created Data and Access Solutions business, which combines Cboe Information Solutions with its global market data and access services into one offering, enabling customers around the world access to all of Cboe's expanded data and analytics capabilities through a unified offering.