Bloomberg-Canoe Intelligence deal under review in Australia
( August 21, 2026, 05:53 GMT | Official Statement) -- MLex Summary: Bloomberg’s proposed acquisition of private-markets data platform Canoe Intelligence is under review by Australia’s competition watchdog. Bloomberg plans to acquire Canoe through a merger with newly formed subsidiary Clipper Acquisition, after which Canoe would become a direct Bloomberg subsidiary. New York-based Bloomberg provides financial information and technology services, while US-based Canoe provides a platform for collecting, organizing and sharing private-markets investment data globally, including in Australia. The Australian Competition & Consumer Commission on Friday said submissions are due by Aug. 28 and the determination period ends Oct. 1.Statement follows. Questionnaire attached. ...
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