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Onex Files Normal Course Issuer Bid

Retrieved on:

Monday, April 15, 2024

ONEX, Hierarchy, Issuer, TSX, Exchange, Onex, Onex Corporation, Toronto Stock Exchange, Calendar, Security (finance)

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) announced today 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 6,318,146 shares. There are 77,048,035 Subordinate Voting Shares issued and outstanding and the public float as at April 10, 2024 was 63,181,467 shares.

Key Points:

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) announced today 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 6,318,146 shares.
The number of shares Onex is permitted to purchase under the bid may be reduced by private acquisitions pursuant to issuer bid exemption orders issued by a securities regulatory authority or otherwise exempt from the issuer bid requirements of applicable securities regulations and/or by purchases of shares by certain Onex executives or employees under purchase programs administered by Onex.
Onex commenced a similar Normal Course Issuer Bid on April 18, 2023 (the “2023 Bid”).
The Normal Course Issuer Bid will commence on April 18, 2024 and will conclude on the earlier of the date on which purchases under the bid have been completed and April 17, 2025.

Todd Clegg Named Carestream’s Chief Executive Officer

Retrieved on:

Monday, April 29, 2024

Photography, Biotechnology, Pharmaceutical, Audio, Video, Medical Supplies, Health, Medical Devices, Technology, Multimedia, University, Investment, Business, Goddard Space Flight Center, Carestream Health, Onex, Growth

Carestream, a world-leading provider of medical imaging systems and non-destructive testing solutions, announced that Todd Clegg has been named CEO and appointed to the Board of Directors, effective immediately.

Key Points:

Carestream, a world-leading provider of medical imaging systems and non-destructive testing solutions, announced that Todd Clegg has been named CEO and appointed to the Board of Directors, effective immediately.
View the full release here: https://www.businesswire.com/news/home/20240429960055/en/
Carestream CEO Todd Clegg (Photo: Business Wire)
Mr. Clegg joined Carestream in October last year and has been the company’s interim CEO since December 1.
Mr. Clegg is a current board member of Lannett Company, QualTek Services, and The Goddard Center.
He is a prior board member of over 10 large corporations and an alumnus of the University of Pennsylvania’s Wharton School of Business.

Onex Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Friday, February 23, 2024

Analysis, Acquisition, Engineering, Investment, Marketing, CPS, Sale, Onex, Like a Boss (film), Webcast, Lisp (programming language), Workforce, Onex Corporation, Head, Bank statement, Accreditation, Cryptocurrency

TORONTO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the fourth quarter and year ended December 31, 2023.

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Onex had approximately $8.4 billion of investing capital, or $107.82 (C$142.61) per fully diluted share at December 31, 2023.
Onex’ private equity investments had net gains of $250 million or a return of 5% in the fourth quarter of 2023(7) (Q4 2022: net gains of $368 million or a return of 7%).
Onex’ cash and near-cash(10) balance was $1.5 billion or 17% of Onex’ investing capital as of December 31, 2023 (December 31, 2022 – $1.1 billion or 13% of Onex’ investing capital).
Onex management will host a webcast to review Onex’ fourth quarter 2023 results on Friday, February 23, 2024 at 11:00 a.m.

Onex Reports Third Quarter 2023 Results

Retrieved on:

Friday, November 10, 2023

Webcast, Anschutz Entertainment Group, Onex, International, Bank statement, Investment, Managing general agent, Analysis, SEDAR, Onex Corporation, International Financial Reporting Standards, Cryptocurrency, Bank, Accreditation

TORONTO, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the third quarter and nine months ended September 30, 2023.

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Onex’ investing capital per fully diluted share(6) increased 15% during the 12 months ended September 30, 2023 and 4% from the previous quarter ended June 30, 2023.
The value of Onex’ private equity investments increased 4% in the third quarter of 2023(7) (Q3 2022: 2% decrease).
Onex’ cash and near-cash(10) balance was $1.5 billion or 19% of Onex’ investing capital as of September 30, 2023 (December 31, 2022 – $1.1 billion or 13% of Onex’ investing capital).
Onex management will host a webcast to review Onex’ third quarter 2023 results on Friday, November 10, 2023 at 11:00 a.m.

PREMIUM BRANDS HOLDINGS CORPORATION APPOINTS NEW DIRECTOR TO ITS BOARD

Retrieved on:

Friday, December 1, 2023

Premium Brands Holdings Corporation, Onex, Harvard Business School, Onex Corporation, Corporation, Yale College, Credit, PBH, TSX, Economics, Management

VANCOUVER, BC, Dec. 1, 2023 /CNW/ - Premium Brands Holdings Corporation (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, is pleased to announce that its Board of Directors has appointed Mr. Thomas P. Dea as an independent non-executive director of the Corporation effective December 1, 2023.

Key Points:

VANCOUVER, BC, Dec. 1, 2023 /CNW/ - Premium Brands Holdings Corporation (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, is pleased to announce that its Board of Directors has appointed Mr. Thomas P. Dea as an independent non-executive director of the Corporation effective December 1, 2023.
Mr. Dea is a long term shareholder of Premium Brands in his personal capacity and has extensive experience as a director of private and public companies, including as Chairman.
He was also a Managing Director at Onex Corporation.
His long history of leadership, along with his extensive board experience and deep knowledge of corporate finance will be invaluable to Premium Brands as we continue to meet our strategic goals."

Sas Mukherjee joins as the President of Catalyst Solutions

Retrieved on:

Wednesday, November 15, 2023

DENVER, Nov. 15, 2023 /PRNewswire/ -- Catalyst Solutions, a leader in healthcare business process outsourcing (BPO), technology, and consulting services announces the appointment of Sas Mukherjee as President, starting November 15, 2023.

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DENVER, Nov. 15, 2023 /PRNewswire/ -- Catalyst Solutions, a leader in healthcare business process outsourcing (BPO), technology, and consulting services announces the appointment of Sas Mukherjee as President, starting November 15, 2023.
Mukherjee's appointment marks a pivotal step in Catalyst's growth journey, bringing his extensive experience and proven leadership to guide Catalyst through a new era of growth and transformation.
Rachel Spilo, CEO & Founder, commented on Mukherjee's experience "Sas is the quintessential leader for Catalyst's next phase.
Sas Mukherjee shared his vision for Catalyst: "My background in C-level roles, particularly in the private equity space, has shown me that Catalyst embodies the type of platform with marquee clients and differentiated solutions that are highly sought after in the market.

AEG and Onex Partners Announce Agreement to Sell Ownership Interest in ASM Global as Part of Legends’ Acquisition of ASM

Retrieved on:

Tuesday, November 7, 2023

Growth, ASM, Anschutz Entertainment Group, Sport, AEG, Partnership, Onex Corporation, SMG, Development, Legend, Onex

LOS ANGELES and TORONTO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- AEG, the world’s leading sports and live entertainment company, and Onex, a leading investor and alternative asset manager, today jointly announced that AEG and Onex Partners have signed a definitive agreement to sell their entire ownership interest in ASM Global (“ASM”), a global leader in third-party venue and event management, to Legends, a global premium experiences company. The financial terms of the transaction were not disclosed.

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“Today’s announcement is the culmination of the journey AEG and Onex embarked on in early 2019 when we completed the merger of AEG Facilities and SMG to form ASM Global,” said Dan Beckerman, President, and Chief Executive Officer of AEG.
“Our purpose has been clear from the start – to drive ASM’s growth and create significant value for ASM and its clients.
With clients spanning five continents, ASM Global operates venues that serve live events for more than 164 million guests annually.
The transaction, which remains subject to regulatory approvals, is targeted to close in 2024.

AEG and Onex Partners Announce Agreement to Sell Ownership Interest in ASM Global as Part of Legends’ Acquisition of ASM

Retrieved on:

Tuesday, November 7, 2023

AEG, the world’s leading sports and live entertainment company, and Onex, a leading investor and alternative asset manager, today jointly announced that AEG and Onex Partners have signed a definitive agreement to sell their entire ownership interest in ASM Global (“ASM”), a global leader in third-party venue and event management, to Legends, a global premium experiences company.

Key Points:

AEG, the world’s leading sports and live entertainment company, and Onex, a leading investor and alternative asset manager, today jointly announced that AEG and Onex Partners have signed a definitive agreement to sell their entire ownership interest in ASM Global (“ASM”), a global leader in third-party venue and event management, to Legends, a global premium experiences company.
“Our purpose has been clear from the start – to drive ASM’s growth and create significant value for ASM and its clients.
With clients spanning five continents, ASM Global operates venues that serve live events for more than 164 million guests annually.
The transaction, which remains subject to regulatory approvals, is targeted to close in 2024.

Legends Announces Acquisition of ASM Global

Retrieved on:

Tuesday, November 7, 2023

Legends and ASM Global today announced the signing of a definitive agreement under which Legends will acquire ASM Global to create a premium live events company dedicated to providing outstanding experiences for fans around the world.

Key Points:

Legends and ASM Global today announced the signing of a definitive agreement under which Legends will acquire ASM Global to create a premium live events company dedicated to providing outstanding experiences for fans around the world.
“Legends and ASM Global are both deeply client-centric and fan-focused and together we will deliver maximum value for our global client roster with even greater support and service options,” said Shervin Mirhashemi, CEO of Legends.
ASM Global manages a portfolio of live event entertainment venues worldwide and provides best-in-class venue operation and content and event booking.
As part of the transaction, current ASM Global equity holders Onex and AEG will sell their ownership interests.

Celestica Announces Third Quarter 2023 Financial Results

Retrieved on:

Wednesday, October 25, 2023

TORONTO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, today announced financial results for the quarter ended September 30, 2023 (Q3 2023)†.

Key Points:

See the tables in Schedule 1 and note 8 to the Q3 2023 Interim Financial Statements for per-item charges.
See notes 7, 8 and 9 to the Q3 2023 Interim Financial Statements.
Management will host its Q3 2023 results conference call on October 26, 2023 at 8:00 a.m. Eastern Daylight Time (EDT).
In addition to disclosing detailed operating results in accordance with IFRS, Celestica provides supplementary non-IFRS financial measures to consider in evaluating the company’s operating performance.