May 13, 2019 SOURCE: AFP
Private equity firm buys Canada's WestJet airline
Private equity firm Onex announced Monday its purchase of Canada's second-largest airline WestJet for about Can$5 billion (US$3.7 billion) including assumed debt.
The transaction will take WestJet private in an all-cash deal worth Can$31 a share, or 63 percent over the average for the past 20 days of trading on...
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