Onex Corporation is to sell its 50 percent interest in RSI Home Products to the company for proceeds of approximately $323 million. The transaction is expected to close by the end of the first quarter and is subject to customary closing conditions, including a financing condition for the benefit of RSI.
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Onex Corporation is to acquire Munich, Germany-bssed KraussMaffei AG, a manufacturer of plastic and rubber processing equipment, for 568 million euros ($731.5 million). Onex Partners III, Onex’ $4.7 billion flagship private equity fund, will make an equity investment of approximately $340 million, of which Onex’ share is about $86 million as a Limited Partner in the Fund.
Onex Corporation is opening an office in London. Onex also announced that Tony Morgan will be joining as a managing director in the London office. PRESS RELEASE Onex Corporation (“Onex”) (TSX:OCX) today announced that it is opening an office in London to support continued growth of its investing activities. Onex also announced that Tony Morgan [...]