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Medicine Hat News in Medicine Hat, Alberta

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Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 02, 2001

Page

11

Market snapshot shows mixed activity across Canadian stocks

Trading data from the Toronto Stock Exchange and CDNX lists numerous firms across sectors with varied last prices and volumes. Significant names include Enbridge, WestJet, Suncor, and Potomac layers, reflecting broad market movements in late trading.

Onex sells Sky Chefs stake to Lufthansa unit for 1.3 billion

Onex Corp completed the sale of its remaining 47 percent stake in Sky Chefs to a Lufthansa unit for about 1.3 billion. Onex had invested 99 million in 1986 to acquire Sky Chefs from American Airlines, and total proceeds reach 1.8 billion. Onex reported 2000 revenues of 24.5 billion and 97,300 employees across its firms.

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