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Onex Corp (ONEX.TO)

ONEX.TO on Toronto Stock Exchange

90.82CAD
19 Jan 2018
Change (% chg)

$-0.10 (-0.11%)
Prev Close
$90.92
Open
$91.02
Day's High
$91.09
Day's Low
$90.58
Volume
106,259
Avg. Vol
138,340
52-wk High
$106.05
52-wk Low
$86.45

Latest Key Developments (Source: Significant Developments)

‍ UK Takeover Panel Extends Deadline For Consortium To Make Offer For IWG - bookrunner
Friday, 19 Jan 2018 

Jan 19 (Reuters) - :IWG: BOOKRUNNER SAYS EXTENSION GRANTED BY PANEL AND CONSORTIUM MUST, BY NO LATER THAN 5 PM ON FEB 2, EITHER ANNOUNCE FIRM INTENTION TO MAKE OFFER FOR CO.IWG Plc :‍ BOOKRUNNER SAYS EXTENSION OF DEADLINE BY TAKEOVER PANEL FOR CONSORTIUM OF BROOKFIELD ASSET MANAGEMEN, ONEX CORP, AFFILIATES.IWG Plc :‍ BOOKRUNNER SAYS EXTENSION FOR CONSORTIUM TO ANNOUNCE BY 5 PM, FEB 2, ITS INTENTION TO MAKE OFFER FOR CO OR SAY IT DID NOT INTEND TO MAKE OFFER,.  Full Article

IWG confirms bid approach from Canada's Onex, Brookfield
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - IWG Plc ::STATEMENT REGARDING PRESS SPECULATION.‍CONFIRMS THAT IT HAS RECEIVED INDICATIVE PROPOSAL FROM FUNDS MANAGED BY AFFILIATES OF BROOKFIELD ASSET MANAGEMENT, AND ONEX CORPORATION OR ITS AFFILIATES​.‍PROPOSAL REGARDING A POSSIBLE CASH OFFER FOR ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF COMPANY​.  Full Article

Onex To Invest In SMG
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Onex Corp ::ONEX TO INVEST IN SMG.ONEX CORP - TERMS OF TRANSACTION WERE NOT DISCLOSED..ONEX CORP SAYS HAS AGREED TO ACQUIRE SMG HOLDINGS INC, IN PARTNERSHIP WITH ITS EXISTING MANAGEMENT TEAM.ONEX CORP - INVESTMENT WILL BE MADE BY CO' $5.7 BILLION FUND ONEX PARTNERS IV.  Full Article

Oncap Acquires Intrapac International From CI Capital Partners
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Onex Corp ::ONCAP ACQUIRES INTRAPAC INTERNATIONAL FROM CI CAPITAL PARTNERS.ONCAP SAYS TERMS OF TRANSACTION WERE NOT DISCLOSED.  Full Article

Jeld-Wen prices secondary offering at $33.75 per share
Thursday, 16 Nov 2017 

Nov 15 (Reuters) - Jeld-Wen :Pricing of a secondary public offering at a public offering price of $33.75 per share​.Prices secondary offering.Pricing of a secondary public offering at a public offering price of $33.75 per share.  Full Article

Onex's Q3 revenue rises 47 pct
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Onex Corp :Onex reports third-quarter 2017 results.Q3 revenue rose 47 percent to C$6.4 billion.Onex Corp - ‍current investment environment remains "challenging​".Onex Corp qtrly ‍net earnings were $363 million compared to a loss of $76 million in same quarter of 2016​.  Full Article

Onex takes Emerald Expositions public
Friday, 28 Apr 2017 

April 27 (Reuters) - Onex Corp :Onex takes Emerald Expositions public.At offering price, proceeds to Onex Group will be approximately $85 million of which Onex' share will be approximately $22 million.  Full Article

Onex qtrly loss per share from cont ops $1.16
Thursday, 11 Aug 2016 

Onex Corp : Qtrly revenues $ 5,425 million versus $ 4,926 million . Onex reports second-quarter 2016 results .Qtrly loss per share from continuing operations $1.16.  Full Article

Onex and Baring Asia to acquire Thomson Reuters' Intellectual Property & Science business for $3.55 bln
Monday, 11 Jul 2016 

Onex Corp : Onex and Baring Asia to acquire Thomson Reuters' Intellectual Property & Science business for $3.55 billion . Transaction is expected to be funded with an equity investment of approximately $1.6 billion for 100% ownership of IP&S . Onex' portion of equity investment will be made by Onex Partners IV and certain limited partners as co-investors, including Onex . Latham & Watkins Llp is serving as legal advisor to Onex and Baring Asia on transaction .Onex' portion of equity investment approximately $1.2 billion.  Full Article

Thomson Reuters to sell IP & Science unit to Onex, Baring Asia for $3.55 bln
Monday, 11 Jul 2016 

Thomson Reuters Corp : Announces definitive agreement to sell its Intellectual Property & Science business to Onex and Baring Asia for $3.55 billion . Expects to use about $1 billion of net proceeds to buy back shares and balance to pay down debt and reinvest in business . Guggenheim Securities, LLC and J.P. Morgan Securities LLC are acting as financial advisors to Thomson Reuters for proposed divestiture . Sale is not subject to any financing condition . Any share buybacks from net proceeds will be part of previously announced $1.5 billion share buyback program . Onex and Baring Asia have obtained debt and equity commitments for transaction .Allen & Overy LLP is acting as legal counsel for Thomson Reuters.  Full Article

UK Takeover Panel extends deadline for IWG bidding

The UK's Takeover Panel has extended the deadline for a consortium of companies to make an offer for British office firm IWG Plc until 1700 GMT on Feb. 2.