ONEX Corporation (TSE:ONEX) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Onex Corporation has announced its acquisition of Farsound, a global provider of supply chain solutions for aerospace engine maintenance, in partnership with Farsound’s management. This strategic move aims to boost Farsound’s growth within the aerospace industry, leveraging Onex’s extensive experience and networks in aviation and aerospace. The deal, terms of which were not disclosed, is set to close later this year following regulatory approvals.
For further insights into TSE:ONEX stock, check out TipRanks’ Stock Analysis page.