KM Financial Solutions | UPDATE 1-Air Canada files challenge over Onex’s C$3.5 bln buyout of rival WestJet
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UPDATE 1-Air Canada files challenge over Onex’s C$3.5 bln buyout of rival WestJet

UPDATE 1-Air Canada files challenge over Onex’s C$3.5 bln buyout of rival WestJet

Air Canada has
challenged Onex Corp’s proposed acquisition of
WestJet Airlines, on grounds that the deal may not meet
the country’s ownership rules, according to a letter sent by the
carrier to the Canadian Transportation Agency.

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