ONEX.TO - Onex Corporation

Toronto - Toronto Delayed Price. Currency in CAD
75.84
-0.86 (-1.12%)
As of 12:56PM EDT. Market open.
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Previous Close76.70
Open76.82
Bid75.78 x 0
Ask75.88 x 0
Day's Range75.78 - 76.82
52 Week Range71.28 - 96.11
Volume51,987
Avg. Volume161,237
Market Cap7.575B
Beta (3Y Monthly)0.50
PE Ratio (TTM)2.37
EPS (TTM)32.03
Earnings DateNov 7, 2019 - Nov 11, 2019
Forward Dividend & Yield0.40 (0.50%)
Ex-Dividend Date2019-07-09
1y Target Est96.36
  • GlobeNewswire

    Onex Partners Completes Sale of Jack’s Family Restaurants

    All amounts in U.S. dollars unless otherwise stated TORONTO, Aug. 19, 2019 -- Onex Corporation (“Onex”) (TSX: ONEX) and its affiliated funds today announced they have.

  • GlobeNewswire

    ONCAP to Partner with ILAC

    All amounts in U.S. dollars unless otherwise stated TORONTO, Aug. 15, 2019 -- ONCAP today announced it has reached an agreement to partner with the International Language.

  • CNW Group

    Canadian Competition Bureau approves WestJet's proposed transaction with Onex

    CALGARY , Aug. 13, 2019 /CNW/ - WestJet Airlines Ltd. (WJA.TO) ("WestJet") today announced that the Canadian Competition Bureau has granted unconditional approval for WestJet's proposed transaction with Onex Corporation ("Onex") (ONEX.TO) (the "Arrangement") by issuing a no-action letter. Ed Sims , WestJet's President and Chief Executive Officer, said, "Receiving unconditional approval from the Canadian Competition Bureau is another important step on our path to closing the transaction.

  • GlobeNewswire

    Onex Reports Second-Quarter 2019 Results

    All amounts in U.S. dollars unless otherwise stated TORONTO, Aug. 08, 2019 --  Onex Corporation (TSX: ONEX) today announced its financial results for the second quarter and.

  • Moody's

    Kestrel Bidco Inc. -- Moody's assigns Ba2 Sr Sec rating to Kestrel Bidco (acquiror of WestJet Airlines)

    Moody's Investors Service ("Moody's") assigned ratings to Kestrel Bidco Inc. (dba "WestJet Airlines") consisting of a Ba3 corporate family rating (CFR), Ba3-PD probability of default rating, and Ba2 ratings to the company's proposed new senior secured revolving credit facility and senior secured first lien term loan. When the acquisition closes, expected around September, 2019, Moody's will withdraw all WestJet ratings, including its' Ba1 CFR, Ba1-PD PDR, Ba2 senior unsecured rating and SGL-2 liquidity rating, currently under review for possible downgrade.

  • Reuters

    UPDATE 2-Canada's WestJet posts surprise profit despite sector's 737 MAX woes

    WestJet Airlines Ltd, which is being acquired by Onex Corp, reported a surprise quarterly profit and better-than-expected revenue on Friday while many airlines have warned of financial hits from the grounding of the Boeing Co 737 MAX jets. WestJet, which has grounded its 13 737 MAX jets, said it had been able to re-accommodate the majority of passengers on alternate flights. The 737 MAX, which had been Boeing’s fastest-selling aircraft thanks to its fuel-efficient engines and longer range, was grounded worldwide in March after an Ethiopian Airlines plane plunged to the ground soon after take-off, five months after a similar Lion Air fatal crash off the coast of Indonesia.

  • CNW Group

    Court of Queen's Bench of Alberta approves WestJet's proposed transaction with Onex

    CALGARY , July 26, 2019 /CNW/ - WestJet Airlines Ltd. (WJA.TO) ("WestJet") today announced that the Court of Queen's Bench of Alberta has granted a final order approving the previously announced proposed transaction with Onex Corporation ("Onex") (ONEX.TO) (the "Arrangement"). The Arrangement was approved by more than 92.5 per cent of shareholders and optionholders who voted at a special meeting of WestJet held on July 23, 2019 . The Arrangement is still subject to other conditions to closing, including receipt of the remaining regulatory approvals.

  • CNW Group

    WestJet reports a significant return to second quarter profitability

    WestJet reports a significant return to second quarter profitability

  • WestJet shareholders approve private equity buyout
    Reuters

    WestJet shareholders approve private equity buyout

    The C$31 per share deal, announced in May, received a green light from Canada's transport minister last month. WestJet has reported a decline in net profit for each of the last three years, hurt by rising fuel costs, pressure on ticket prices and other problems. The WestJet purchase will be led by Onex Partners, Onex's private equity platform focused on larger investments.

  • CNW Group

    WestJet receives overwhelming securityholder support for its acquisition by Onex

    CALGARY , July 23, 2019 /CNW/ - WestJet Airlines Ltd. (WJA.TO) ("WestJet") today announced that at a special meeting held today (the "Meeting"), its shareholders and optionholders overwhelmingly voted to approve its previously announced proposed transaction with Onex Corporation ("Onex") (ONEX.TO).  Of the votes cast at the Meeting, more than 92.5 per cent of shareholders and optionholders who voted were in favour of the proposed transaction. WestJet and Onex entered into a definitive agreement on May 12, 2019 (the "Arrangement Agreement"), for the proposed acquisition of WestJet by Onex under a plan of arrangement, pursuant to which each outstanding share of WestJet will be exchanged for $31.00 in cash subject to the terms and conditions of the Arrangement Agreement (the "Arrangement"), following which WestJet will operate as a privately-held company.

  • GlobeNewswire

    Onex to Sell Jack’s Family Restaurants

    Onex Corporation (“Onex”) (ONEX.TO) and its affiliated funds (the “Onex Group”) today announced they have agreed to sell Jack’s Family Restaurants (“Jack’s”).  The transaction is expected to close in the third quarter of 2019 subject to customary closing conditions and regulatory approvals.  The terms of the transaction were not disclosed.

  • GlobeNewswire

    Onex to Announce Second-Quarter Results on August 8, 2019

    All amounts in U.S. dollars unless otherwise stated  TORONTO, July 12, 2019 -- Onex Corporation (TSX: ONEX) will release its results for the six months ended June 30, 2019 on.

  • GlobeNewswire

    Onex Prices U.S. CLO-17

    All amounts in U.S. dollars unless otherwise stated  TORONTO, July 02, 2019 -- Onex Corporation (“Onex”) (TSX: ONEX) announced today that Onex Credit Partners, LLC (“Onex.

  • CNW Group

    WestJet announces first regulatory approval in its proposed acquisition by Onex

    WestJet and Onex entered into a definitive agreement on May 12, 2019 , for the proposed acquisition of WestJet by Onex under a plan of arrangement pursuant to which each outstanding share of WestJet will be exchanged for $31.00 in cash (the "Arrangement").

  • GlobeNewswire

    Onex Completes Acquisition of Gluskin Sheff

    All amounts in U.S. dollars unless otherwise stated TORONTO, June 03, 2019 -- Onex Corporation (“Onex”) (TSX: ONEX) and Gluskin Sheff + Associates Inc. (“Gluskin Sheff”) (TSX:.

  • Reuters

    Billionaire Schwartz's money, approach may be right move for Canada's WestJet Airlines

    Billionaire Gerry Schwartz's $2.6 billion bid for WestJet Airlines is a bet his private equity firm's deep pockets and patience will help the Canadian carrier weather challenges and build a more formidable competitor against market leader Air Canada, industry analysts and executives said on Tuesday. Buyout firm Onex Corp pitched its offer at a rich 67% premium to the stock's Friday closing price, which would make it the world's biggest private equity-backed airline acquisition, according to Refinitiv data. Onex saw an opportunity in Canada's aviation market duopoly to build up the Calgary-based low-cost carrier against Air Canada, even in a country where high commercial aviation fees and surcharges are regularly derided by airlines, a source familiar with Onex's thinking told Reuters.

  • Moody's

    WestJet Airlines Ltd. -- Moody's places WestJet's ratings under review for downgrade

    Moody's Investors Service ("Moody's") has placed WestJet Airlines Ltd.'s ("WestJet") Ba1 Corporate Family Rating, Ba1-PD Probability of Default Rating (PDR) and its Ba2 Senior Unsecured rating on review for possible downgrade. WestJet's SGL-2 speculative grade liquidity rating remains unchanged.

  • Reuters

    PRESS DIGEST- Canada-May 14

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Onex Corp, the Toronto-based company ...

  • Reuters

    Billionaire Schwartz makes $2.6 bln bet on Canada's WestJet Airlines

    The surprise offer for C$31 a share, a 67% premium to their closing price on Friday, sparked a surge in WestJet shares, which closed up 60% at $29.61. If completed, it would be the biggest private equity deal ever for an airline, according to Refinitiv data. If Onex obtains shareholder and regulatory approvals, the deal would help Schwartz get his hands on an airline two decades after he missed out on buying Air Canada, WestJet's bigger rival.