Onex Closes Sale of Husky to Berkshire, OMERS PE

Berkshire Partners and OMERS Private equity have closed their buy of Husky International. Onex Partners was the seller. Husky’s management team retains a stake. Goldman Sachs, Morgan Stanley Senior Funding, RBC Capital Markets and TD Securities provided financing. Bolton, Ontario-based Husky, founded in 1953, is one of the world’s largest suppliers of injection molding equipment and services to the plastics industry.

TMS International Files for $150 Million IPO

TMS International Inc., a Glassport, Penn.-based provider of outsourced industrial services to steel mills, has filed for a $150 million IPO. it plans to trade on the NYSE under ticker symbol TMS, with Boa Merrill Lynch, Credit Suisse and J.P. Morgan serving as co-lead underwriters. The company reports $1.3 billion in 2009 revenue, with a $79 […]

Onex-Greenbriar End Bid for AIG Aircraft Leasing Unit

NEW YORK (Reuters) – Private equity firms Onex Corp (OCX.TO) and Greenbriar Equity Group have ended their bid to buy a part of American International Group’s (AIG.N) aircraft leasing unit, a person familiar with the situation said on Tuesday. The private equity group led by International Lease Finance Corp (ILFC) Chief Executive Steven Udvar-Hazy had […]

Onex Boosts Fund Stake, Cites Optimism

TORONTO (Reuters) – Onex Corp (OCX.TO), one of Canada’s best-known buyout companies, said on Monday it is raising its stake in its newest fund by 60 percent due to optimism about near-term investment opportunities. Toronto-based Onex, which has stakes in sectors as diverse as electronics manufacturing, health care, cosmetics, and movie theaters, said it would […]

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