Last $60.19 USD
Change Today +0.1776 / 0.30%
Volume 22.8K
As of 8:10 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

onex corporation (ONEXF) Key Developments

Onex Considers Acquisitions

Robert Le Blanc, a Senior Managing Director with Onex Corporation (TSX:OCX), which announced the acquisition of York Risk Services Group, Inc., said, "We are excited to partner with Rick and his team to continue York's impressive track record of growth both organically and through strategic acquisitions."

Dave & Buster Mulls IPO- Reports

Dave & Buster's Inc. has revived plans for an initial public offering after talks for acquisition between Dave & Buster's Inc.'s owner Oak Hill Capital Partners and Onex Corporation (TSX:OCX), Cineplex Inc. (TSX:CGX) and Apollo Global Management, LLC (NYSE:APO), Reuters reported citing three people familiar with the matter.

Onex Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Onex Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company's revenues were $6,525 million compared with $6,325 million a year ago. Earnings before income taxes and discontinued operations were $85 million compared with loss before income taxes and discontinued operations of $297 million a year ago. Earnings from continuing operations were $69 million compared with loss from continuing operations of $309 million a year ago. Net earnings for the period were $99 million compared with net loss of $271 million a year ago. Loss from continuing operations attributable to equity holders of the company was $67 million or $0.60 per basic and diluted share compared with $339 million or $2.98 per basic and diluted share a year ago. Net loss attributable to equity holders of the company was $40 million or $0.36 per basic and diluted share compared with $308 million or $2.71 per basic and diluted share a year ago. Net cash flows from operating activities were $28 million compared with net cash used in operating activities of $68 million a year ago. Purchase of property, plant and equipment was $114 million compared with $173 million a year ago.

Onex Corporation Approves Quarterly Dividend, Payable on July 31, 2014

Onex Corporation announced that its Board of Directors has approved a 33% increase in the quarterly dividend to CAD 0.05 per Subordinate Voting Share. This increase follows a 36% increase in the dividend rate in May 2013 and reflects Onex' success and ongoing commitment to its shareholders. The increased dividend is payable on July 31, 2014 to shareholders of record on July 10, 2014.

Dave & Buster's Reportedly Draws $1.1 Billion Bid From Roark Capital Group

The auction of Dave & Buster's Inc. has taken another twist, as two private-equity firms emerged as potential buyers of Dave & Buster's Inc. Roark Capital Group in recent weeks offered nearly $1.1 billion, including debt, for Dave & Buster's, said people familiar with the matter. The bid from Roark Capital came after discussions Dave & Buster's had with another potential buyer broke down, they said. Onex Corporation (TSX:OCX) and Cineplex Inc. (TSX:CGX) had been seen as the front-runner to buy Dave & Buster's after it offered more than $1 billion for Dave & Buster's, people familiar with the matter said last month. In addition, Permira Advisers Ltd. is in the early stages of weighing a bid for Dave & Buster's, some of the people said. Dave & Buster's could ultimately decide against a full sale, and instead launch an initial public stock offering sometime after Labor Day, some of the people said. Dave & Buster's canceled a previously planned IPO in October 2012, citing market conditions. Apollo Global Management, LLC (NYSE:APO) made an unsuccessful offer for Dave & Buster's earlier this year. Dave & Buster's then held extensive negotiations with Onex and Ciniplex.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ONEXF:US $60.19 USD +0.1776

ONEXF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for ONEXF.
View Industry Companies
 

Industry Analysis

ONEXF

Industry Average

Valuation ONEXF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 5.5x
Price/Cash Flow 6.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ONEX CORPORATION, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.