Already sprawling, Onex expands reach with GM deal

Newswire

(In U.S. dollars unless noted) By Wojtek Dabrowski TORONTO, June 28 (Reuters) - With investments as diverse as cosmetics, electronics, aircraft manufacturing and movie theaters, Onex Corp. again expanded its portfolio on Thursday by announcing it would buy a stake in General Motors Corp.'s Allison Transmission unit. Onex, Canada's only large publicly traded private-equity firm, has been buying companies in an array of industries since 1983. Its reach sprawls, and its numerous ...

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