Onex's BBAM to Sell 30 Per Cent Interest to Singapore’s Sovereign Wealth Fund

GIC, Singapore's sovereign wealth fund, today announced it has, through its affiliates, agreed to acquire an approximately 30 per cent interest in Onex’ BBAM, the world's largest manager of investments in leased commercial jet aircraft. Toronto headquartered Onex is a private equity firm that acquires and builds businesses in partnership with management teams. The transaction is expected to close by September 30, 2017.

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