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WestJet Airlines Ltd. announced the impressive transaction, which is valued around $5 billion, on Monday. Onex Partners, Onex’s private equity platform, will oversee the deal.
Following an approach by Onex in March 2019, the WestJet board of directors formed a special committee of independent directors to provide the Board with its advice and recommendations with ...
WestJet said the all-cash deal is valued at a whopping $5 billion, and that the company will be privately held. Under the terms of the agreement, Onex Corporation and its affiliated funds will acquire ...
Onex Corp has closed its acquisition of Calgary-based WestJet Airlines. The purchase price was C$5 billion. As a result of the transaction, WestJet will be delisted from the Toronto Stock Exchange ...
In May, Onex offered to buy Calgary-based WestJet, Canada’s second-largest airline carrier, for $3.5 billion or $5 billion including debt. The transaction is expected to wrap up later this year.
Calgary-based WestJet has agreed to be acquired by Onex Corp. as part of a deal valued at $5 billion including debt. As part of the deal, WestJet will become a private company.
WestJet Airlines Ltd. announced today it has entered into a definitive agreement that provides for its acquisition in an all-cash transaction. Under the terms of the agreement, Onex Corporation ...
There is little doubt that WestJet welcomed Onex's interest and worked quickly to reach an optimal deal for both sides. It is likely not the beginning of a trend for airlines to go private, but the ...
WestJet and Onex entered into a definitive agreement on May 12, 2019 (the " Arrangement Agreement "), for the proposed acquisition of WestJet by Onex under a plan of arrangement, pursuant to which ...
WestJet Airlines Ltd. said it plans to go private through an all-cash deal worth more than $2.6 billion led by Canadian private-equity firm Onex Corp. ONEX 0.28% The move comes at a crucial time ...
WestJet and Onex entered into a definitive agreement on 12 May under which the private equity firm will acquire the airline’s outstanding stock at C$31.00 ($23.55) per share - a 67% premium over ...
Following an approach by Onex in March 2019, the WestJet board of directors formed a special committee of independent directors to provide the Board with its advice and recommendations with ...
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