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Onex Corp (ONEX.TO)

ONEX.TO on Toronto Stock Exchange

76.42CAD
16 Aug 2019
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$0.73 (+0.96%)
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Latest Key Developments (Source: Significant Developments)

Onex Reports Second-Quarter 2019 Results
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Onex Corp ::ONEX REPORTS SECOND-QUARTER 2019 RESULTS.ONEX CORP QTRLY TOTAL SEGMENT NET EARNINGS WERE $2.90 PER FULLY DILUTED SHARE.ONEX CORP QTRLY NET EARNINGS FROM INVESTING SEGMENT OF $2.76 PER FULLY DILUTED SHARE.  Full Article

Westjet Receives Overwhelming Securityholder Support For Its Acquisition By Onex
Tuesday, 23 Jul 2019 

July 23 (Reuters) - WestJet Airlines Ltd ::WESTJET RECEIVES OVERWHELMING SECURITYHOLDER SUPPORT FOR ITS ACQUISITION BY ONEX.WESTJET AIRLINES - OF VOTES CAST AT MEETING, MORE THAN 92.5% OF SHAREHOLDERS AND OPTIONHOLDERS WHO VOTED WERE IN FAVOUR OF PROPOSED TRANSACTION.WESTJET AIRLINES LTD - ACQUISITION BY ONEX IS EXPECTED TO CLOSE IN LATTER PART OF 2019.  Full Article

Westjet Announces First Regulatory Approval In Its Proposed Acquisition By Onex
Monday, 24 Jun 2019 

June 24 (Reuters) - WestJet Airlines Ltd ::WESTJET ANNOUNCES FIRST REGULATORY APPROVAL IN ITS PROPOSED ACQUISITION BY ONEX.WESTJET AIRLINES - ONEX CORPORATION HAS RECEIVED APPROVAL FROM MINISTER OF TRANSPORT (CANADA) FOR PROPOSED ACQUISITION OF WESTJET BY ONEX.WESTJET AIRLINES - GOT APPROVAL ON BASIS THAT PROPOSED ACQUISITION BY ONEX DOES NOT RAISE PUBLIC INTEREST ISSUES AS RELATED TO NATIONAL TRANSPORTATION.WESTJET AIRLINES LTD - TRANSACTION WITH ONEX IS EXPECTED TO CLOSE IN LATTER PART OF 2019.  Full Article

Onex Reports First-Quarter 2019 Results
Friday, 10 May 2019 

May 10 (Reuters) - Onex Corp ::ONEX REPORTS FIRST-QUARTER 2019 RESULTS.ONEX CORP - ONEX REPORTED Q1 SEGMENT NET EARNINGS OF $195 MILLION ($1.91 PER SHARE).ONEX CORP - ONEX RECOGNIZED A NON-RECURRING NET GAIN OF $3.5 BILLION IN QUARTER.  Full Article

Onex Increases Dividend
Thursday, 9 May 2019 

Onex Corp ::ONEX INCREASES DIVIDEND.ONEX CORP - APPROVED A 14% INCREASE IN QUARTERLY DIVIDEND TO C$0.10 PER SUBORDINATE VOTING SHARE.  Full Article

Onex Prices European CLO-3
Monday, 8 Apr 2019 

April 8 (Reuters) - Onex Corp ::ONEX PRICES EUROPEAN CLO-3.ONEX CORP - THAT ONEX CREDIT PARTNERS, LLC PRICED ITS THIRD EUROPEAN COLLATERALIZED LOAN OBLIGATION FOR APPROXIMATELY EUR 430 MILLION.ONEX CORP - TRANSACTION WILL BE ISSUED BY A SPECIAL PURPOSE VEHICLE, BACKED BY A DIVERSIFIED PORTFOLIO OF BROADLY SYNDICATED LEVERAGED LOANS.  Full Article

AEG Facilities, SMG Sign Definitive Merger Agreement
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - AEG Facilities::AEG FACILITIES SAYS CO, SMG ANNOUNCED THEY HAVE SIGNED A DEFINITIVE AGREEMENT TO MERGE.AEG FACILITIES SAYS TERMS OF THE TRANSACTION WERE NOT DISCLOSED.AEG FACILITIES SAYS FOLLOWING COMPLETION OF TRANSACTION, BOB NEWMAN WILL BE NAMED PRESIDENT AND CEO OF ASM.AEG FACILITIES SAYS ONEX AND AEG’S SUBSIDIARY WILL EACH OWN 50 PERCENT OF CO FOLLOWING COMPLETION OF TRANSACTION.AEG FACILITIES SAYS FOLLOWING COMPLETION OF TRANSACTION, WES WESTLEY WILL JOIN ASM’S BOARD OF DIRECTORS.  Full Article

Churchill Capital And Clarivate Analytics Announce Merger Agreement
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Churchill Capital Corp ::CHURCHILL CAPITAL CORP AND CLARIVATE ANALYTICS ANNOUNCE MERGER AGREEMENT.CHURCHILL CAPITAL CORP - CLARIVATE'S EXISTING MANAGEMENT TEAM, LED BY CEO JAY NADLER AND CFO RICHARD HANKS, WILL CONTINUE TO LEAD BUSINESS..CHURCHILL CAPITAL - IN CONNECTION WITH TRANSACTION, CHURCHILL FOUNDERS AGREED TO INVEST AN ADDITIONAL $15 MILLION, DOUBLING THEIR INVESTMENT IN CHURCHILL.CHURCHILL CAPITAL - FOUNDERS DELAYED MAJORITY OF EQUITY TO VEST ONLY IF SHARE PRICE OF CO EXCEEDS $15.25/SHARE BY 2022, $17.50/SHARE BY 2024.CHURCHILL CAPITAL - MAJORITY OF NET CASH PROCEEDS FROM TRANSACTION ARE EXPECTED TO BE USED TO PAY DOWN EXISTING CLARIVATE DEBT.  Full Article

Onex And BPEA To Publicly List Clarivate Analytics Through A Transaction With Churchill Capital
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Onex Corp ::ONEX AND BPEA TO PUBLICLY LIST CLARIVATE ANALYTICS THROUGH A TRANSACTION WITH CHURCHILL CAPITAL CORP.ONEX CORP - TRANSACTION IMPLIES AN ENTERPRISE VALUE OF APPROXIMATELY $4.2 BILLION..ONEX CORP - GROUP WILL NOT SELL ANY SHARES IN TRANSACTION AND WILL RETAIN 100% OF ITS INITIAL EQUITY.ONEX - AGREED TO PUBLICLY LIST CLARIVATE ANALYTICS ON NYSE THROUGH TRANSACTION WITH CHURCHILL CAPITAL CORP.ONEX CORP - UPON COMPLETION OF TRANSACTION, JERRE STEAD WILL BECOME CLARIVATE'S EXECUTIVE CHAIRMAN..ONEX CORP - BOARD OF DIRECTORS OF BOTH CHURCHILL AND CLARIVATE HAVE UNANIMOUSLY APPROVED PROPOSED TRANSACTION..ONEX CORP - CLARIVATE TO ALSO ENTER INTO TAX RECEIVABLE AGREEMENT WITH GROUP.ONEX CORP - GROUP'S INITIAL EQUITY WILL CONVERT TO APPROXIMATELY 74% OWNERSHIP OF OUTSTANDING SHARES OF CLARIVATE AT CLOSING OF TRANSACTION.ONEX CORP - CLARIVATE WILL COMPLETE ITS SEPARATION FROM THOMSON REUTERS THIS YEAR.  Full Article

Onex to Sell BrightSpring Health Services
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Onex Corp ::PRESS RELEASE - ONEX TO SELL BRIGHTSPRING HEALTH SERVICES.ONEX CORP - TERMS OF TRANSACTION ARE NOT BEING DISCLOSED..  Full Article

Leveraged buyouts stack up bifurcated loan pipeline

NEW YORK, July 31 (LPC) - Leveraged buyouts (LBOS) are crowding a relatively bifurcated loan pipeline, with a series of transactions giving investors their fill of new money deals that are expected to price through early August.