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Topic: Onex Corporation


In the News (Sun 29 Nov 09)

  
  PRESS RELEASE Onex Reports Strong Growth For First Quarter   (Site not responding. Last check: 2007-10-31)
While Onex did not receive any cash on this disposition, the prior years' losses that had been recorded in excess of Onex' investment in J.L. French Automotive are taken back into income and reported as part of discontinued operations.
Onex Corporation is a diversified company with annual consolidated revenues of approximately $20 billion and consolidated assets of approximately $15 billion.
Onex is one of Canada's largest companies with global operations in service, manufacturing and technology industries.
www.marketwire.com /mw/release_html_b1?release_id=128605&tsource=3   (943 words)

  
 Onex Shoes - Manufacturer of Unique High Quality Womens Shoes
Onex Shoes is committed to continuing the production of our designs with the same passion and integrity set forth by our founder.
Onex Shoes, are the shoes that dreams are made of, let them be part of your dreams.
Alongside the timeless classics, the Onex line is diverse and always innovative to match the demands of the fashion world.
www.onexshoes.com   (566 words)

  
 Investor's Business Daily: Breaking News
Onex Corporation (OCXSV) today announced that it is selling for distribution to the public its remaining interest in Magellan Health Services, Inc. (MGLN).
Onex and Onex Partners invested $131 million in Magellan beginning in January 2004 for a 24% ownership interest and sold a portion of their interest in May 2005 for net proceeds of $176 million.
Onex Corporation is a diversified company with annual consolidated revenues of approximately $16 billion and consolidated assets of approximately $14 billion.
www.investors.com /breakingnews.asp?journalid=32690678   (601 words)

  
 Onex Corporation Files Normal Course Issuer Bid : ArriveNet Press Releases : Business   (Site not responding. Last check: 2007-10-31)
Onex Corporation (TSX:OCX.SV) announced today that it has filed with the Toronto Stock Exchange, and the Exchange has accepted, a Notice of Intention to make a Normal Course Issuer Bid permitting Onex to purchase for cancellation up to 10% of the public float in its Subordinate Voting Shares, or 10,515,326 shares.
Onex is renewing the Normal Course Issuer Bid as it is of the view that it is advantageous to Onex and its shareholders to continue to engage in repurchases of Subordinate Voting Shares, from time to time, when they are trading at prices which reflect a significant discount from their value as perceived by Onex.
Onex is a diversified company with annual consolidated revenues of approximately $17 billion and consolidated assets of approximately $15 billion.
press.arrivenet.com /business/article.php/777869.html   (476 words)

  
 SOLD
Onex is a Toronto-based diversified company with annual consolidated revenues of approximately Cdn$16 billion and consolidated assets of approximately Cdn$12 billion.
TORONTO —Onex Corporation (TSX: OCX.SV) announced today it has agreed to acquire the Wichita/Tulsa Division of Boeing Commercial Airplanes in a transaction valued at $1.5 billion, consisting of approximately $1.1 billion in cash and the assumption of certain liabilities.
Onex Corporation is a diversified company with annual consolidated revenues of approximately $16 billion and consolidated assets of approximately $12 billion.
www.ll834.org /sold.htm   (1612 words)

  
 TranSwitch Corporation Announces Agreement To Acquire Onex Communications Corporation
TranSwitch Corporation (NASDAQ:TXCC) announced today that it has signed a definitive agreement to acquire privately held Onex Communications Corporation, which specializes in the development of integrated circuits that enable switching, routing and transmission of multiple types of voice and data traffic.
Onex's System Silicon solution is able to aggregate, groom, switch and provision legacy TDM and next generation voice and data traffic over metropolitan access and transmission networks.
Onex was founded with TranSwitch technology and TranSwitch was an original investor in Onex.
www.tmcnet.com /bizwatch/news/081701c.htm   (551 words)

  
 Onex Real Estate to Partner to Acquire The Town And Country Trust : ArriveNet Press Releases : Industry   (Site not responding. Last check: 2007-10-31)
Onex Corporation (TSX:OCX.SV) announced today that a joint venture investment vehicle formed by affiliates of Onex Real Estate and Morgan Stanley Real Estate has entered into a definitive agreement to acquire The Town and Country Trust (NYSE: TCT) in an all-cash transaction totaling approximately $1.5 billion, including the assumption of debt.
Onex Real Estate was formed by Onex in January 2005 to invest in real estate assets in North America and has available capital commitments of approximately $240 million.
Onex's security filings also can be accessed at www.sedar.com.
press.arrivenet.com /industry/article.php/733630.html   (522 words)

  
 PRESS RELEASE Onex Reports Second Quarter   (Site not responding. Last check: 2007-10-31)
Onex Corporation today reported its consolidated financial results for the second quarter and six months ended June 30, 2006.
Onex manages third party private equity investments through the Onex Partners and ONCAP family of funds.
Onex Corporation is a diversified company with annual consolidated revenues of approximately $19 billion and consolidated assets of approximately $15 billion.
www.marketwire.com /mw/release_html_b1?release_id=153907   (974 words)

  
 Gerald W. Schwartz 1941— - EARLY YEARS, ONEX, IN THE LIMELIGHT, MANAGEMENT STYLE
Onex grew to become one of Canada's largest companies, with annual revenues of approximately $16 billion and 89,000 employees around the world.
Schwartz's vision for Onex was to acquire undervalued and mismanaged companies, then to sell the acquisitions for a profit after streamlining their infrastructures or adding to their asset base.
Onex's executive compensation system also came under fire when it became evident that Schwartz was assessing a 20 percent fee on the company's profits.
www.referenceforbusiness.com /biography/S-Z/Schwartz-Gerald-W-1941.html   (1405 words)

  
 Onex signs Cosmetics Essence deal
Onex' share of the investment will be an estimated CAD $35 million arising from the fact it is a 25 per cent limited partner in Onex Partners LP and controls the investment partnership.
Although the deal is still to be subjected to inspection from regulatory authorities, it is anticipated to close by the end of the year.
Headquartered in Toronto, Onex Partners LP is a CAD $2.2 billion private equity fund established by Onex.
www.cosmeticsdesign.com /news/ng.asp?id=56012-onex-signs-cosmetics   (510 words)

  
 ONCAP Closes Second Fund At $575 Million
Onex Corporation (TSX:OCX) announced today the final closing of its second small and mid-cap private equity fund, ONCAP II, with approximately $575 million of committed capital.
Onex represents 50% of the fund's total capital, with the balance having been committed by US and Canadian institutions, the ONCAP management team and high net worth investors.
Onex' security filings can also be accessed at http://www.sedar.com/.
www.ccnmatthews.com /news/releases/show.jsp?action=showRelease&searchText=false&showText=all&actionFor=597463   (469 words)

  
 Onex Real Estate and Morgan Stanley Real Estate Complete $1.73 Billion Acquisition of the Town and Country Trust
Onex Corporation (TSX:OCX.SV) announced today that a joint venture investment vehicle formed by Onex Real Estate, Morgan Stanley Real Estate and Sawyer Realty Holdings LLC has completed its acquisition of The Town and Country Trust (NYSE: TCT) in an all-cash transaction totalling approximately $1.73 billion, including the assumption of debt.
Onex Corporation is a diversified company with annual consolidated revenues of more than $17 billion and consolidated assets of approximately $15 billion.
Onex Corporation's security filings can also be accessed at http://www.sedar.com.
www.ccnmatthews.com /news/releases/show.jsp?action=showRelease&searchText=false&showText=all&actionFor=587136   (387 words)

  
 Onex To Sell Loews Cineplex To Investor Group For C$2.0 Billion; Bain Capital, Carlyle And Spectrum Equity To Purchase ...
Toronto -- Onex Corporation (TSX:OCX) announced today that it and Oaktree Capital Management, LLC, its partner in Loews Cineplex Entertainment Corporation and Grupo Cinemex ("Loews"), have reached an agreement to sell the business to a corporation formed by Bain Capital, The Carlyle Group and Spectrum Equity Investors for C$2.0 billion.
Onex and Oaktree will retain the Loews interest in Cineplex Galaxy, which operates the Loews theatre business in Canada as well as Galaxy Entertainment and trades on the Toronto Stock Exchange under the symbol CGX.UN.
Onex' share of the cash proceeds is expected to be approximately C$775 million.
www.thecarlylegroup.com /eng/news/l5-news2805.html   (457 words)

  
 Onex Completes Purchase Of Boeing US Plants
Onex Corporation has completed its purchase of several Boeing commercial airplane manufacturing plants in the United States, the Canadian buyout firm said on Thursday.
Onex said last month it would go ahead with plans for the purchase even though a union at one of the plants rejected a contract offer.
Onex, headed by financier Gerald Schwartz, has taken stakes in a wide variety of industries, typically with a view to improving their results and selling them off again.
news.airwise.com /story/view/1118960986.html   (228 words)

  
 globeandmail.com : globeinvestor.com : Onex Corporation: Announcement
Schwartz has exercised 7,800,000 options to acquire Subordinate Voting Shares of Onex Corporation and was subsequently granted 7,260,000 options, with an exercise price of $15.87 (market close on February 16, 2004), to acquire Subordinate Voting Shares under the terms of Onex' Stock Option Plan.
Onex Corporation is a diversified company with annual consolidated revenues of approximately $17 billion and consolidated assets of approximately $15 billion.
Onex Corporation's security filings can also be accessed at www.sedar.com.
www.globeinvestor.com /servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20040217&archive=ccnm&slug=0217161n   (323 words)

  
 Financials.com - Annual Reports, Stock Quotes and more
Onex Corporation (TSX:OCX.SV) announced today that it has completed the previously-announced acquisition of Skilled Healthcare Group, Inc., a leading operator of long-term care facilities in the western United States, in a transaction valued at approximately $745 million.
Onex Corporation is a diversified company with annual consolidated revenues of approximately $16 billion and consolidated assets of approximately $15 billion.
Onex controls and has a 25% equity interest in Onex Partners, its $2.1 billion private equity fund.
www.financials.com /c/info/story.cfm?storynum=1770803   (394 words)

  
 GERALD W. SCHWARTZ - AGREE
Proposed respondent Sky Chefs, Inc., is a corporation organized, existing, and doing business under and by virtue of the laws of the State of Delaware, with its office and principal place of business located at 524 East Lamar, Arlington, TX 76011.
Proposed respondent SC International Services, Inc., is a corporation organized, existing, and doing business under and by virtue of the laws of the State of Delaware, with its office and principal place of business located at 524 East Lamar, Arlington, TX 76011.
Proposed respondent Onex Corporation is a corporation organized, existing, and doing business under and by virtue of the laws of Ontario, Canada, with its office and principal place of business located at 161 Bay Street, P.O. Box 700, Toronto, Ontario M5J 2S1.
www.ftc.gov /os/1998/06/9810211.agr.htm   (1254 words)

  
 CBC News: Onex may up airline offer, competition board speaks at parliamentary hearing   (Site not responding. Last check: 2007-10-31)
Both the bid by Onex and the counter-offer from Air Canada would see a virtual monopoly on Canadian skies with either one national carrier, under the Onex bid, or three airlines, all owned by Air Canada, under the counter-offer.
The newspaper says Onex is also expected to announce it's decreasing American Airlines' stake in the merger to 10 percent and reducing the number of directors American can nominate.
On Tuesday Onex head Schwartz said he was pleased with the minister's decisions and said it was appropriate to consider changing the 10 per cent ownership limit of Air Canada stock.
www.cbc.ca /story/news/?/news/1999/10/27/collenette991027   (1485 words)

  
 Canadian Onex Corporation announces first closing at US$1bn
Onex is targeting $1.6bn and expects to reach a final closing in the first quarter of 2004.
‘We are pleased to welcome new investors to Onex Partners and look forward to the opportunities we have today to create both shareholder value and long-term relationships with private investors,’ said Gerard Schwartz, chairman and CEO of Onex Corporation.
Onex is one of Canada’s largest companies with operations in service, manufacturing and technology industries.
www.altassets.com /news/arc/2003/nz4094.php   (168 words)

  
 [No title]
Onex Corporation (Onex) is a diversified company that operates through autonomous subsidiaries in a variety of industries, including electronics manufacturing services, aerostructures, healthcare, automotive products and communications infrastructure.
ONEX Corporation: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
A textual analysis of Onex Corporation's financial statements, including company description and recent stock performance, versus Sun Microsystems, Inc., Apple Computer, Inc. and Gateway, Inc..
today.reuters.com /stocks/overview.aspx?symbol=OCX.TO   (441 words)

  
 The Ultimate EMS Resource
Onex said its investment will be made through Onex Partners and certain of its limited partners, who will invest $260 million.
Onex Partners LP, headquartered in New York, is a $2.2 billion private equity fund established by Onex Corporation.
Onex Corporation is a diversified company with annual consolidated revenues of approximately $16 billion and consolidated assets of approximately $13 billion.
www.merginet.com /index.cfm?pg=industry&fn=SaleofAMR   (299 words)

  
 Onex Corporation :: Mid-Western Aircraft Systems Continues Employment Process   (Site not responding. Last check: 2007-10-31)
Onex Corporation is a diversified company with annual consolidated revenues of approximately $18 billion and consolidated assets of approximately $13 billion.
Onex shares trade on the Toronto Stock Exchange under the stock symbol OCX.SV.
For more information on Onex Corporation, visit its Web site at http://www.onex.com/.
sev.prnewswire.com /airlines-aviation/20050601/CGW07201062005-1.html   (409 words)

  
 Onex Corporation Acquires North American Wireless and Broadcast Infrastructure Provider
NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: ONEX CORPORATION TSX SYMBOL: OCX JANUARY 11 2001 - 08:25 EDT Onex Corporation Acquires North American Wireless and Broadcast Infrastructure Provider Onex Corporation announced today that it has agreed to acquire LeBlanc Ltd. and BMS Communications Services Ltd. (collectively, "L&B") from LeBlanc & Royle Enterprises Inc..
Onex Corporation is a diversified company with annual consolidated revenues of $20 billion, consolidated assets of $19 billion and 83,000 employees.
Onex was ranked the 12th largest company in Canada in The Financial Post 500.
www2.cdn-news.com /newsnet/enews/2001/01/11/49668.html   (456 words)

  
 Air Canada Agrees to Sell 35 Percent of Aeroplan to Onex Corporation
Onex Corporation is one of Canada's largest companies with global
After what took place and was said during the Onex takeover attempt it must have been well, interesting to say the least.
Onex has never struck me as an outfit happy with a minority share of anything.
www.flyertalk.com /forum/showthread.php?t=17722   (1284 words)

  
 Onex Corporation - OCX TSX - Company Profile TempusFugit.ca - Tempus Fugit Canada .com   (Site not responding. Last check: 2007-10-31)
Onex Corp. CEO Gerry Schwartz saw his total compensation soar to $76.4-million last year from $1.03-million in 2003, thanks to $64-million in gains from stock options and the reinstatement of an annual bonus that he turned down the previous two years.
Onex results disappointed the Street last year but did manage to swing into the fl with profit of $35-million, compared with a loss of $332-million a year earlier.
The profit was largely from the gains made on the Loews sale and the sale of CMC Electronics Inc. The firm took a huge hit in the fourth quarter from asset writedowns and restructuring costs.
www.tempusfugit.ca /onex   (512 words)

  
 GERALD W. SCHWARTZ - CMP
Respondent Onex Corporation (“Onex”), a wholly-owned subsidiary of Gerald W. Schwartz, is a corporation organized, existing, and doing business under and by virtue of the laws of Ontario, Canada, with its office and principal place of business located at 161 Bay Street, P.O. Box 700, Toronto, Ontario, Canada M5J 2S1.
Respondent SC International Services, Inc. (“SCIS”), is a corporation organized, existing, and doing business under and by virtue of the laws of the State of Delaware, with its office and principal place of business located at 524 East Lamar, Arlington, TX 76011.
Respondent Sky Chefs, Inc. (“Sky Chefs”), is a corporation organized, existing, and doing business under and by virtue of the laws of the State of Delaware, with its office and principal place of business located at 524 East Lamar, Arlington, TX 76011.
www.ftc.gov /os/1998/06/9810211.cmp.htm   (851 words)

  
 CBC News: Onex will proceed with purchase of Boeing plants   (Site not responding. Last check: 2007-10-31)
TORONTO - Onex Corporation on Thursday reaffirmed its intention to buy Boeing Commercial Airplanes' Kansas and Oklahoma operations, despite a union rejection of a contract offer.
Onex (TSX:OCX.sv) had threatened to walk away from its $1.5 billion takeover of Boeing's plants in Wichita, Kan., and Tulsa and McAlester, Okla., if the union members rejected its offer.
Based in Toronto, Onex is a conglomerate with interests in several companies including Celestica Inc., Magellan Health Services, Inc., ClientLogic Corp., and Cineplex Galaxy LP.
www.cbc.ca /story/business/national/2005/05/26/onex-050526.html   (1028 words)

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