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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

Onex Corporation $5 billion acquisition of WestJet Airlines Ltd.

2019

Areas Banking and Finance Law, Corporate and Commercial, Employment and Labour, Mergers and Acquisitions, Tax

Summary

Goodmans LLP acted as counsel to Onex Corporation (“Onex”) in connection with its acquisition of WestJet in an all-cash transaction valued at CAD $5 billion.  The transaction – which joins two iconic Canadian brands – was the one of the largest domestic acquisitions by a Canadian private equity firm in recent years.  The transaction also sparked a flurry of M&A activity unseen in the Canadian airline industry in almost 20 years.