Onex to buy Canada's WestJet airlines
CALGARY, Alberta (AP) - Canadian private equity firm Onex Corp. has signed a friendly deal to buy Canada' second largest airline.
The all-cash deal for WestJet Airlines Ltd is valued at $5 billion Canadian ($3.71 billion).
Onex will pay $31 Canadian (US$23) per share for WestJet. The price represents about ...