Canadian P-E firm Onex (ONEXF.PK) and the Canada Pension Plan Investment Board agree to buy...

|About: Onex Corporation (ONEXF)|By:, SA News Editor

Canadian P-E firm Onex (ONEXF.PK) and the Canada Pension Plan Investment Board agree to buy British car-parts maker Tomkins (TKS) for £2.89B ($4.5B). It's the latest example of North American buyers capitalizing on the pound's relative weakness to snap up British assets. (PR)