Friday, April 26, 4:48 AM
Onex (ONEXF.PK) might reportedly have to settle for a price of $2.5B for its Carestream Health unit, or not sell it at all, after just Bain and Thomas H. Lee Partners were left in the auction for the medical imaging company. Onex's hopes of getting up to $3.5B were dampened after the likes of Carlyle (CG) and KKR (KKR) pulled out of talks due to Carestream Health's uncertain outlook.
Wednesday, February 20, 4:17 AM
KKR (KKR) is reportedly the only private-equity firm left in the auction for Gardner Denver, which has a market cap of $3.39B, with final bids due tomorrow. TPG, Onex (ONEXF.PK) and CCMP Capital Advisors have cast an eye upon the maker of industrial pumps, but they're not as interested as KKR, although they could re-enter the fray if the company's valuation changes.
Thursday, October 18, 2012, 9:56 AM
Hawker Beechcraft plans to emerge from bankruptcy protection as a standalone company after talks for a $1.79B sale with a Chinese suitor broke down. The company, which is owned by Goldman Sachs (GS) and Onex, intends to change its name to Beechcraft and focus on turboprop, piston, special mission and trainer/attack aircraft. The firm is evaluating options for its Hawker products, including closing the jet business. (PR)
Tuesday, September 7, 2010, 9:23 AM
ResCare (RSCR) agrees to an increased buyout offer from investment firm Onex (ONEXF.PK) that values the provider of home care to the elderly at about $384M. The $13.25/share bid is a 6.4% premium to Friday's closing price. RSCR +6.4% premarket. (PR)
Monday, August 16, 2010, 10:27 AM
Res-Care (RSCR +20.8%) receives a proposal from Onex (ONEXF.PK) to purchase the stake of company it doesn't already own, valuing the provider of home care to the elderly and people with disabilities at $365M, a 24% premium to Friday's $12.60/share closing price. (PR)
Tuesday, July 27, 2010, 7:18 AM
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)
Monday, July 19, 2010, 9:42 AM
British car-parts maker Tomkins (TKS) receives a $4.5B bid approach from Canadian private equity firm Onex (ONEXF.PK) and the Canada Pension Plan Investment Board. It's the latest example of North American buyers eager to capitalize on the pound's weakness to snap up British assets (I, II).