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GM Completes Sale of Allison Transmission
General Motors Corp. said it has completed the sale of its Allison Transmission commercial and military business to The Carlyle Group and Onex Corp. for $5.6 billion.The sale, announced in June, includes seven manufacturing plants in Indianapolis and its global distribution network and sales offices. A production facility in Baltimore,...
Tags: General Motors Corp., Manufacturing, Onex Corp., SALES
Research articles 2007-08-13
GM sells transmission unit for 5.6 billion
DETROIT, United States AFP — General Motors Corp. sold its large truck transmission unit for 5.6 billion dollars, the automaker said Thursday. The automaker will hang onto one of the plants in the Allison Transmission group which produces hybrid transmissions for pick-up trucks and sports utility vehicles. The...
Tags: FINANCE, General Motors Corp., Investment, Manufacturing, Onex Corp.
Research articles 2007-06-28
AIRCRAFT TAKE-OVER CLEARED.
The European Commission gave approval on 23 February to a take-over by investment companies Goldman Sachs of the US and Canada's Onex Corporation of Raytheon Aircraft Company RAC of the US.aRAC produces and sells aircraft, distributes spare parts and provides business aviation services at airports. The...
Tags: aircraft, Canada, Databases, European Commission, Goldman Sachs & Co., HARDWARE, Manufacturing, Onex Corp., Servers, SOFTWARE
Research articles 2007-03-08
Ballard's closing
Stocks The stock listings appear on Page 3B. Ballard's Sports Outlet, 5918 S.W. 21st, will close its doors Thursday. The shop, which offers Kansas State University and University of Kansas items, as well as clothes and shoes, has been open in Topeka since 1993,...
Tags: aircraft, Associated Press, Ballard, FINANCE, Investment, Manufacturing, Onex Corp.
Research articles 2005-06-29
Union members reject Onex deal at Boeing's Wichita plant
AIRLINE INDUSTRY INFORMATION-C1997-2005 M2 COMMUNICATIONS LTD Members of the International Association of Machinists and Aerospace Workers at Boeing Co's commercial aircraft division in Wichita, Kansas have rejected a proposed labour agreement. The proposal was made by the potential buyer of the plant, Onex Corp. Onex has reportedly said...
Tags: Boeing Co., Manufacturing, Onex Corp.
Research articles 2005-05-26
Boeing sells Wichita/Tulsa division.(BUSINESS TRENDS)
After announcing a year ago it was studying the possible sale of its commercial aircraft plants in Wichita, Tulsa, and McAlester, Okla., The Boeing Co. has a deal with Onex Corp., a Canadian conglomerate, for $900 million cash, assumption of certain liabilities, and long-term supply agreements....
Tags: aircraft, Boeing Co., INTERNET, Manufacturing, Onex Corp.
Research articles 2005-04-01
Boeing to sell piece of jet-building operations.(Manufacturing News)
Boeing Company, under fierce competition from European rival Airbus, will sell a key pan of its commercial jet-building operations and a rocket engine unit under two separate deals worth approximately $2 billion. The deals to sell off manufacturing capacity and cut costs show a more aggressive...
Tags: Airbus, Boeing Co., FINANCE, Investment, Manufacturing, Onex Corp.
Research articles 2005-03-01
Boeing aircraft plants in 2 states are sold
WICHITA, Kan. -- Boeing Co. is selling its commercial aircraft plants in Kansas and Oklahoma to a Canadian-based investment group, part of the aerospace giant's strategy to focus on design and final assembly. Onex Corp. on Tuesday agreed to buy Boeing's commercial aircraft facility in Wichita, along with...
Tags: aircraft, Boeing Co., Manufacturing, Onex Corp., Wichita
Research articles 2005-02-23
Boeing to sell commercial plane plants
SEATTLE -- In its largest divestiture, Boeing on Tuesday announced the sale of its commercial airplane plants in Kansas and Oklahoma to Canadian investors, and its California-based Rocketdyne rocket engine subsidiary to United Technologies. Toronto-based Onex will acquire Boeing's aircraft plant in Wichita, along with factories in Tulsa and...
Tags: Boeing Co., FINANCE, Manufacturing, Onex Corp., Wichita
Research articles 2005-02-23
Canadian investment firm could be Boeing's makeover artist.
By Molly McMillin, The Wichita Eagle, Kan. Knight Ridder/Tribune Business News Dec. 12--If Canadian investment firm Onex Corp. buys Boeing's commercial aircraft operations in Wichita, it's almost a sure thing the plant would be sold again -- eventually. It...
Tags: Boeing Co., Manufacturing, Onex Corp., Wichita
Research articles 2004-12-12
Four suitors show interest in Boeing's Wichita, Kan., operations.
By Molly McMillin, The Wichita Eagle, Kan. Knight Ridder/Tribune Business News Oct. 16--WICHITA, Kan. -- As an announcement about the possible sale of Boeing Wichita nears, four suitors appear to be in the running for Boeing's commercial operations, a source close to...
Tags: aerospace, Boeing Co., Manufacturing, Onex Corp.
Research articles 2004-10-16
Top M&A deals
The number one and number three world aluminum producers have agreed to forge a new company. Alcoa, the number one producer, will take over Reynolds Metals, for about $7 billion in stock and debt.That equals about $70.89 per Reynolds share. The deal had some rough patches, though: Reynolds rejected an...
Tags: Air Canada, Consolidation, FINANCE, Investment, M&A, Manufacturing, Onex Corp.
Research articles 1999-10-01
Ogden Announces Agreement To Sell Aviation Catering Business
NEW YORK--BUSINESS WIRE--May 4, 1998--Ogden Corporation Ogden today announced that it has signed a definitive agreement to sell its Aviation catering business to SC International Services, the parent of Sky Chefs and Caterair International for $84.8 million. SC International is a subsidiary of Onex Corporation. Ogden...
Tags: agreement, Business Wire, Government, Manufacturing, MARKETING, Onex Corp., SOFTWARE
Research articles 1998-05-04
Onex Agrees To Acquire Boeing's Commercial Airplane Manufacturing Operations In Kansas And Oklahoma In $1.5 Billion Transaction
TORONTO -- All amounts in Canadian dollars unless otherwise stated
Tags: Boeing Co., manufacturing, Onex Corp.
Research articles 2005-02-22
Media Advisory: Onex Agrees to Acquire Boeing's Commercial Airplane Manufacturing Operations in Kansas and Oklahoma in $1.5 Billion Transaction
TORONTO -- Onex Corporation (TSX:OCX.SV) will host a media conference at 5:00 p.m. EST today relating to this announcement.
Tags: Boeing Co., manufacturing, Onex Corp.
Research articles 2005-02-22
Onex Agrees To Acquire Boeing's Commercial Airplane Manufacturing Operations In Kansas And Oklahoma In $1.5 Billion Transaction.
TORONTO, ONTARIO, Feb 22, 2005 CCNMatthews via COMTEX TORONTO, ONTARIO, Feb 22, 2005 CCNMatthews via COMTEX
Tags: Boeing Co., manufacturing, Onex Corp.
Research articles 2005-02-22
Media Advisory: Onex Agrees to Acquire Boeing's Commercial Airplane Manufacturing Operations in Kansas and Oklahoma in $1.5 Billion Transaction.
TORONTO, ONTARIO, Feb 22, 2005 CCNMatthews via COMTEX TORONTO, ONTARIO, Feb 22, 2005 CCNMatthews via COMTEX
Tags: Boeing Co., manufacturing, Onex Corp.
Research articles 2005-02-22

Additional Resources

GM Completes Sale of Allison Transmission
General Motors Corp. said it has completed the sale of its Allison Transmission commercial and military business to The Carlyle Group and Onex Corp. for $5.6 billion. The sale, announced in June, includes seven manufacturing plants in Indianapolis and its global distribution network and sales offices. A production facility in...
Articles 2007-08-13
Sale of Allison to 'Open Doors' For Partnerships, Analysts Say
The General Motors Corp. sale of Allison Transmission to private equity firms can open new opportunities for expansion and partnerships for Allison as a stand-alone company, transport analysts said. On June 28, GM said it would sell its Allison unit, a manufacturer of automatic transmissions for medium- and heavy-duty trucks,...
Articles 2007-07-16
Auto News Digest.(Briefs)
GM will sell Allison unit DETROIT - General Motors last week agreed to sell its Allison Transmission commercial and military business to the private equity firms Carlyle Group and Onex Corp. for about $5.6 billion. The agreement encompasses seven manufacturing operations in Indianapolis...
Articles 2007-07-02
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