Onex Capital takes Canada’s WestJet private in buyout deal

Credit: WestJet
Toronto-based private-equity firm Onex Capital will purchase Canadian LCC WestJet in an all-cash deal valued at C$3.5 billion ($2.6 billion), the companies announced May 13.Including WestJet’s debt, the transaction’s value is C$5.1 billion.The deal, which requires Canadian regulatory approval, is...

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