WestJet shareholders won’t get December dividend as Onex acquisition closes

WestJet shareholders won’t get December dividend as Onex acquisition closes

CALGARY – WestJet Airlines Ltd. shareholders won’t be receiving a quarterly dividend this month after Onex Corp. announced the completion of its acquisition of the Calgary-based airline. WestJet and Onex say the payment won’t be made because the deal has closed before Dec. 18. The airline’s board of directors had declared a 14 cents per […]

Shareholders in HBC propose to take the company private

Shareholders in HBC propose to take the company private

A group that currently controls 57 per cent of the shares in Hudson’s Bay Company is proposing to buy up the rest of them and take the retailer private. The shareholder group is offering $ 9.45 per share in cash for the company. On Friday, the shares closed at $ 6.37, so the deal is a […]