Onex Closes Sale of Husky to Berkshire, OMERS PE

By Luisa Beltran — 5 years ago

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.

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TMS International Files for $150 Million IPO

By PEHub Administrator — 6 years ago

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 […]

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Onex-Greenbriar End Bid for AIG Aircraft Leasing Unit

By PEHub Administrator — 6 years ago

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 […]

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Onex Boosts Fund Stake, Cites Optimism

By PEHub Administrator — 6 years ago

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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