Onex Corporation

Onex Reports Fourth Quarter and Full Year 2023 Results

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Friday, February 23, 2024

Analysis, Acquisition, Engineering, Investment, Marketing, CPS, Sale, Onex, Like a Boss (film), Webcast, Lisp (programming language), Workforce, Onex Corporation, Head, Bank statement, Accreditation, Cryptocurrency

TORONTO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points:

Onex had approximately $8.4 billion of investing capital, or $107.82 (C$142.61) per fully diluted share at December 31, 2023.
Onex’ private equity investments had net gains of $250 million or a return of 5% in the fourth quarter of 2023(7) (Q4 2022: net gains of $368 million or a return of 7%).
Onex’ cash and near-cash(10) balance was $1.5 billion or 17% of Onex’ investing capital as of December 31, 2023 (December 31, 2022 – $1.1 billion or 13% of Onex’ investing capital).
Onex management will host a webcast to review Onex’ fourth quarter 2023 results on Friday, February 23, 2024 at 11:00 a.m.

Onex First-Quarter Dividend Declared

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Thursday, February 22, 2024

Private equity, TSX, Toronto Stock Exchange, Onex Corporation, ONEX, Hierarchy, Insurance

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Onex Corporation (TSX: ONEX) today declared a first-quarter dividend of C$0.10 per Subordinate Voting Share payable on April 30, 2024 to shareholders of record on April 10, 2024.

Key Points:

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Onex Corporation (TSX: ONEX) today declared a first-quarter dividend of C$0.10 per Subordinate Voting Share payable on April 30, 2024 to shareholders of record on April 10, 2024.
Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe.
In total, Onex has US$49.7 billion in assets under management, of which US$8.1 billion is Onex’ own investing capital.
Onex is listed on the Toronto Stock Exchange under the symbol ONEX.

Onex Partners to Invest in Morson Group

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Monday, February 5, 2024

Pedigree, STEM, ONEX, TSX, RPO, Onex Corporation, Engineering, Workforce, Management

TORONTO and MANCHESTER, England, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) today announced that Onex Partners V has completed a majority investment in Morson Group (“Morson” or the “Company”), a leading UK engineering and technical staffing and workforce solutions business, with growing operations in the UK, U.S., Italy, Canada and Australia.

Key Points:

TORONTO and MANCHESTER, England, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) today announced that Onex Partners V has completed a majority investment in Morson Group (“Morson” or the “Company”), a leading UK engineering and technical staffing and workforce solutions business, with growing operations in the UK, U.S., Italy, Canada and Australia.
Most importantly, we are delighted to be partnering with Ged Mason and the management team, to continue building on what they have accomplished,” said Nigel Wright, Co-Head of Onex Partners.
Adrien Faure, a Managing Director of Onex Partners, added, “Morson is an excellent business and a leader with pedigree in its core markets.
It builds on our track record in the broader human capital management sector.”
Ged Mason, who will continue as CEO of Morson Group, said, “We have found a true partner in Onex, and a team whose values are aligned with ours.

Onex to Announce Fourth Quarter and Full Year 2023 Results on February 23, 2024

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Wednesday, January 31, 2024

TSX, ONEX, Onex Corporation

TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) will release its results for the fourth quarter and full year ended December 31, 2023 on February 23, 2024. A live broadcast of Onex’ webcast to discuss the results will begin at 11:00 a.m. ET on February 23, 2024.

Key Points:

TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) will release its results for the fourth quarter and full year ended December 31, 2023 on February 23, 2024. A live broadcast of Onex’ webcast to discuss the results will begin at 11:00 a.m. ET on February 23, 2024.

Investor Technology Group Unveils Mosaic Vision™ - the World's First AI-Powered Financial Model Reader

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Thursday, January 18, 2024

Synthetic media, Classification, IRR, CIM, OpenAI, Security, Digital, Risk, Confidentiality, SOC, Generative, Acquisition, Onex Corporation, Exercise

With Mosaic Vision™, investors can take a screenshot of financial projections (e.g., from a CIM, pitch book, public company investor presentation, etc.)

Key Points:

With Mosaic Vision™, investors can take a screenshot of financial projections (e.g., from a CIM, pitch book, public company investor presentation, etc.)
"There's no better example than the tedium of financial data entry and formatting that is the precursor to any model building process.
With the invention of Mosaic Vision™, we believe we have unlocked the next wave of productivity in our industry."
Mosaic Vision™ will only be trained on public company data collected and managed by Mosaic employees outside of the production environment.

Investor Technology Group Unveils Mosaic Vision™ - the World's First AI-Powered Financial Model Reader

Retrieved on:

Thursday, January 18, 2024

Synthetic media, Classification, IRR, CIM, OpenAI, Security, Digital, Risk, Confidentiality, SOC, Generative, Acquisition, Onex Corporation, Exercise

With Mosaic Vision™, investors can take a screenshot of financial projections (e.g., from a CIM, pitch book, public company investor presentation, etc.)

Key Points:

With Mosaic Vision™, investors can take a screenshot of financial projections (e.g., from a CIM, pitch book, public company investor presentation, etc.)
"There's no better example than the tedium of financial data entry and formatting that is the precursor to any model building process.
With the invention of Mosaic Vision™, we believe we have unlocked the next wave of productivity in our industry."
Mosaic Vision™ will only be trained on public company data collected and managed by Mosaic employees outside of the production environment.

INDIGO CONFIRMS FULL LEADERSHIP TEAM AND LOOKS FORWARD WITH OPTIMISM TO 2024

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Friday, December 29, 2023

Attention, Audit committee, Chairperson, Onex Corporation, Penguin Random House, Human resources, Compensation, Management

Together, with our 5000+ employees from coast to coast, we look forward to adding a little joy to our customers' lives, each time they interact with us.

Key Points:

Together, with our 5000+ employees from coast to coast, we look forward to adding a little joy to our customers' lives, each time they interact with us.
At the Board level, Markus Dohle, the former global Chief Executive Officer of Penguin Random House, serves as Chair of the Board.
She is joined by an experienced and dedicated leadership team with deep commitment to Indigo.
Indigo and Ms. Reisman have not and will not comment further on these matters.

Onex Reports Third Quarter 2023 Results

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Friday, November 10, 2023

Webcast, Anschutz Entertainment Group, Onex, International, Bank statement, Investment, Managing general agent, Analysis, SEDAR, Onex Corporation, International Financial Reporting Standards, Cryptocurrency, Bank, Accreditation

TORONTO, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the third quarter and nine months ended September 30, 2023.

Key Points:

Onex’ investing capital per fully diluted share(6) increased 15% during the 12 months ended September 30, 2023 and 4% from the previous quarter ended June 30, 2023.
The value of Onex’ private equity investments increased 4% in the third quarter of 2023(7) (Q3 2022: 2% decrease).
Onex’ cash and near-cash(10) balance was $1.5 billion or 19% of Onex’ investing capital as of September 30, 2023 (December 31, 2022 – $1.1 billion or 13% of Onex’ investing capital).
Onex management will host a webcast to review Onex’ third quarter 2023 results on Friday, November 10, 2023 at 11:00 a.m.

PREMIUM BRANDS HOLDINGS CORPORATION APPOINTS NEW DIRECTOR TO ITS BOARD

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Friday, December 1, 2023

Premium Brands Holdings Corporation, Onex, Harvard Business School, Onex Corporation, Corporation, Yale College, Credit, PBH, TSX, Economics, Management

VANCOUVER, BC, Dec. 1, 2023 /CNW/ - Premium Brands Holdings Corporation (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, is pleased to announce that its Board of Directors has appointed Mr. Thomas P. Dea as an independent non-executive director of the Corporation effective December 1, 2023.

Key Points:

VANCOUVER, BC, Dec. 1, 2023 /CNW/ - Premium Brands Holdings Corporation (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, is pleased to announce that its Board of Directors has appointed Mr. Thomas P. Dea as an independent non-executive director of the Corporation effective December 1, 2023.
Mr. Dea is a long term shareholder of Premium Brands in his personal capacity and has extensive experience as a director of private and public companies, including as Chairman.
He was also a Managing Director at Onex Corporation.
His long history of leadership, along with his extensive board experience and deep knowledge of corporate finance will be invaluable to Premium Brands as we continue to meet our strategic goals."

Onex Fourth-Quarter Dividend Declared

Retrieved on:

Thursday, November 9, 2023

ONEX, Onex Corporation, TSX, Hierarchy, Holding company

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Onex Corporation (TSX: ONEX) today declared a fourth-quarter dividend of C$0.10 per Subordinate Voting Share payable on January 31, 2024 to shareholders of record on January 10, 2024.

Key Points:

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Onex Corporation (TSX: ONEX) today declared a fourth-quarter dividend of C$0.10 per Subordinate Voting Share payable on January 31, 2024 to shareholders of record on January 10, 2024.