Onex Eyes WestJet IPO in Two Years After Stake Sale
Photo by Haberdoedas II on Unsplash
Onex Corp. plans to launch an IPO for WestJet within two years, following their recent sale of a 25% stake in WestJet to other airlines. Tawfiq Popatia of Onex Partners sees the IPO as a "natural next step" due to the airline industry's capital demands and suggested it is "to expect in a couple of years.".
Key takeaways
- Investment firm Onex Corp
- anticipates launching an initial public offering (IPO) for WestJet within the next two years, according to a Bloomberg report
- This potential IPO follows Onex Corp
Related Topics
Want coverage like this for your company?
Local & industry wins build trusted proof, SEO/geo signals and prime national editors.
Verified mention available
Is this your company?
Set up real-time alerts and keep your Heartspace News coverage accurate. Verified teams can update profiles, request corrections, and collaborate on future stories.
Want to turn mentions into momentum? Find your best path with the Fit Checker. Verified profiles receive a free consult.