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The asset manager is selling a 15% stake to Delta and 10% to Korean Air Lines in deal that positions WestJet for additional ...
Onex CEO Bobby Le Blanc said that the deal closed at more than a 25% premium to the firm's current net asset value in the ...
Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
The Canadian Press on MSN3d
Onex selling minority stakes in WestJet to Delta and Korean AirOnex Corp. has sold a minority stake in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to ...
U.S.-based Delta Air Lines (DAL) and Korean Air Lines are buying a combined 25% stake in Canada’s WestJet Airlines for $550 ...
Delta Air Lines and Korean Air will acquire a combined minority stake of 25% in WestJet (WS, Calgary) from ONEX Group for a ...
Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...
Onex’s upper mid-market private equity platform Onex Partners has agreed to sell minority interests in WestJet, a Canadian low-cost airline, to Delta Air Lines and Korean Air.
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
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