Onex CEO Bobby Le Blanc said that the deal closed at more than a 25% premium to the firm's current net asset value in the ...

U.S.-based Delta Air Lines (DAL) and Korean Air Lines are buying a combined 25% stake in Canada’s WestJet Airlines for $550 ...

Delta Air Lines and Korean Air will acquire a combined minority stake of 25% in WestJet (WS, Calgary) from ONEX Group for a ...

Onex Corp. has sold a minority stake in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to ...

Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...

Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...

Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...

The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.

Onex’s upper mid-market private equity platform Onex Partners has agreed to sell minority interests in WestJet, a Canadian low-cost airline, to Delta Air Lines and Korean Air.

Delta Air Lines and Korean Air plan to acquire 25% of Canadian discount carrier WestJet, and Delta intends to sell 2.5% share ...