MergerLinks Header Logo

Announced

Completed

Onex completed the acquisition of WestJet for $3.6bn.

Synopsis

Onex Corporation, an investor of capital in its private equity and credit platforms on behalf of investors from around the world, completed the acquisition of WestJet Airlines, a commercial airline based in Canada for a sum of $3.6bn. The investment to buy WestJet will be led by Onex Partners, Onex’s private equity platform focused on larger investments. Completion of the transaction is subject to a number of conditions, including court, regulatory and shareholder approvals. “WestJet is one of Canada’s strongest brands and we have tremendous respect for the business that Clive Beddoe and all WestJetters have built over the years.”, Tawfiq Popatia, Onex Managing Director. Onex's $3.6bn acquisition for Canada based WetJet Airlines receives approval from Canada's Transport Minister, clearing the first regulatory approval.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US