Onex unit buys Leaseway Auto Carrier from Penske

Newswire

TORONTO, March 30 (Reuters) - Onex Corp. said on Tuesday its partly owned Performance Logistics Group acquired Leaseway Auto Carrier Group, a transport firm serving major automakers, from Penske Truck Leasing Co. The financial terms of the deal, first announced in February, were not disclosed. Onex, a Toronto-based conglomerate whose holdings range from high technology to movie theaters, said the deal was a share exchange transaction that will leave it with 26 percent of the combined ...

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