WestJet Going Private In Deal With Onex Capital
WASHINGTON—Toronto-based private-equity firm Onex Capital will purchase Canadian LCC WestJet Airlines in an all-cash deal valued at C$3.5 billion ($2.6 billion), the companies announced May 13.Including WestJet’s debt, the deal’s value is C$5.1 billion. The agreement’s terms call for Onex to pay C...
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