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Delta, Korean Air, Air France-KLM acquire 25% stake in WestJet for $547m

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Delta, Korean Air, Air France-KLM acquire 25% stake in WestJet for $547m

Onex Partners, the controlling shareholder of WestJet, has sold a 25% equity stake in the company to Delta Air Lines, Korean Air, and Air France-KLM, for a total investment of $547 million.The equity sale was completed in three transactions: the first of 15% to Delta and the second of 10% to Korean ...

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