Brief: Onex Co, AIG To Acquire Convex For $7 Billion
Oct 30 (Reuters) - Onex Corp ONEX.TO: ONEX: CO, AIG TO ACQUIRE CONVEX FOR $7 BILLION ONEX: CO TO OWN 63% OF CONVEX, AIG TO OWN 35%, WITH BALANCE OWNED BY CONVEX MANAGEMENT TEAM ONEX: AIG TO ACQUIRE 9.9% EQUITY STAKE IN ONEX AND WILL COMMIT $2 BILLION TO ONEX' PRIVATE EQUITY AND CREDIT STRATEGIES OVER NEXT THREE YEARS Source text: ID:nGNX4Cbxx7 Further company coverage: ONEX.TO
Recent news on Onex
See all newsCanada launches loan program to help airlines deal with high fuel prices (updated)
Brief: Westjet Opposes Government’S Proposal To Issue Loans To Airlines Amid Rising Fuel Costs
Brief: WestJet Airlines President Diederik Pen Announces Plans To Retire
Canada Research Roundup: Keyera, Pembina Pipeline, Stantec
1st Quarter Results