Sidley Represents BOX Exchange in US$2.3 Billion Strategic Combination With MEMX

Sidley is representing BOX Exchange, LLC, the self-regulatory organization responsible for the BOX Options Market LLC, in connection with its proposed US$2.3 billion combination with Members Exchange (MEMX), an exchange operator and market technology provider. The combination is part of a broader strategic transaction in which TMX Group Limited, a global provider of market infrastructure, data, trading, clearing, and related services, will make a strategic investment in MEMX and is expected to hold an approximately 59% ownership interest in the combined business.

The Sidley team is being led by Matthew Stoker and Mike Heinz (M&A and Private Equity) and Andrew Blake and David Petron (Securities Enforcement and Regulatory), and includes Jeff Wysong, Jerome Hughes, Danielle Sismour, Brad McGee, Andrew Brown, Joe McGowan, and Caterina Faya (M&A and Private Equity); Jim Ducayet and Steven Sexton (Securities and Shareholder Litigation); Charles Sommers and Michael Ogershok (Securities Enforcement and Regulatory); Christian Pilhofer (Employee Benefits and Executive Compensation); Terri Reuter (Labor, Employment and Immigration); and Jonathan Westreich (Tax).