WESTJET SOLD
WestJet sold in deal valued at $5B
May 13, 2019 | 7:37 AM
CALGARY- Onex Corp. has signed a friendly deal to buy WestJet Airlines in a transaction valued at $5,000,000,000, including assumed debt.
Under the agreement announced Monday, Onex will pay $31 per share for WestJet, which will continue to operate as a privately held company.
Shares in the airline closed at $18.52 on Friday.