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. "Since our first ...

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 ...

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 says it has agreed to be acquired by Onex Corp. and will become a private company in a transaction valued at $5 billion including debt. The deal that came as a surprise to some, including ...

In a move that sent shockwaves through the Canadian travel community, WestJet today it's being purchased by Canadian investment company Onex, headed by Toronto-based Gerry Schwartz. WestJet said the ...

WestJet was acquired in 2019 by Onex Corp for C$3.5 billion, excluding debt. PRESS RELEASE. CALGARY, AB and TORONTO, ON, March 2, 2022 /CNW/ – WestJet and Sunwing announced today that they have ...

Onex Corp. ONEX-T is selling a 25-per-cent stake in WestJet Airlines to two of the world’s largest carriers for US$550-million, cashing in on an investment made just before the COVID-19 pandemic ...

WestJet Airlines agreed to be acquired by Onex in an all-cash deal valued at $2.63 billion that would take the company private.

Nik Priebe, an analyst at CIBC Capital Markets, said the control premium paid by Onex in 2019 set a high bar for value creation, making Friday’s sale of a minority stake in WestJet a “major highlight” ...

WestJet, which is owned by Onex Corp and also serves destinations across the U.S., was not immediately available for comment on Sunday. On Saturday, WestJet CEO Alexis von Hoensbroech blamed the ...

WestJet said it was canceling 40 flights over June 18-19, affecting 6,500 customers. ... WestJet, which is backed by Onex Corp and which competes with rival Air Canada, ...

Onex Corp. has sold a 25 per cent stake in WestJet to a consortium of global airlines including Delta Air Lines and Korean Air for US$550-million, a transaction that allows the private equity firm to ...