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Delta and Korean Air are to acquire independent equity stakes totalling 25% in WestJet for a total of $550 million. The bold move will see Delta invest $330 million for a 15% stake in the airline, and ...
Delta Air Lines is buying 15 per cent of Calgary-based WestJet and Korean Air is acquiring a 10 per cent stake ...
Onex Corp (ONEXF) navigates market volatility with strategic investments and asset management growth, despite M&A slowdowns and tariff concerns.
Canadian airline WestJet is selling hundreds of millions of dollars worth of stakes in its business to Delta Air Lines and ...
Onex is cashing in on a $550-million deal, selling a 25 per cent stake of Calgary-based WestJet to Delta Airlines and Korean Air, creating buzz for passengers.
WestJet has announced it's selling 25 per cent of its minority shares to Delta Air Lines and Korean Air for a total of $550 ...
Onex is selling a 25 per cent stake in WestJet to two of the world’s largest airlines for $550 million US. The equity firm ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Resource and telecom stocks stood out the most. The TSX Composite Index rocketed 103.68 points to Friday at 25,357.74. The index climbed 326 points, or 1.3%, on the week. The Canadian dollar was off 0 ...
Onex Corp. is selling off a 25 per cent stake in WestJet, which could be a sign the company is looking to get out of the ...
The Canadian Press on MSN22h
Onex selling minority stakes in WestJet to Delta and Korean AirOnex Corp. has sold a minority stake in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to ...
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