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Onex is buying WestJet in $5 billion deal — and taking it private

  • Writer: Media Admin
    Media Admin
  • May 14, 2019
  • 1 min read

The Canadian Press May 13, 2019 | 1:11 PM EDT



CALGARY — Onex Corp. has signed a friendly deal to buy WestJet Airlines Ltd. in an all-cash transaction it valued at $5 billion, including assumed debt. Under the agreement announced Monday, Onex will pay $31 per share for WestJet, which will operate as a privately held company.

 
 
 

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