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News

WestJet, Korean Air and Delta

CBC.ca · 2d
Delta, Korean Air to buy 25% stake in WestJet from Onex
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the companies announced on Friday.
Baystreet.ca · 31m
WestJet Airlines Sells 25% Stake To Foreign Carriers
U.S.-based Delta Air Lines (DAL) and Korean Air Lines are buying a combined 25% stake in Canada’s WestJet Airlines for $550 million U.S. The deal will see Delta invest $330 million U.S. for a 15% stake in WestJet and Korean Air invest $220 million
Runway Girl Network · 23h
Press Release: Korean Air and Delta stakes in WestJet total 25%
Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes.
Wealth Professional
42m
WestJet ownership restructured in $550M Onex deal
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 ...
The Globe and Mail2d
Onex sells WestJet stakes to Delta and Korean Air for $550-million
Onex Corp. ONEX-T is selling a 25-per-cent stake in WestJet Airlines to two of the world’s largest carriers for US$550-million, cashing in on an investment made just before the COVID-19 pandemic ...
3don MSN
Delta, Korean Air to buy 25% stake in Canada's WestJet
Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...

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