Eye for the prize

Article Abstract:

Onex Corp CEO Gerald Schwartz, who has built his career through lucrative corporate takeovers, is the key figure behind Onex's $2.3 billion buyout offer for the diversified Canadian brewing firm John Labatt Ltd. Onex's debt-financed takeovers typically result in liquidation of acquired assets.

Author: Willis, Andrew
Officials and employees, Investments, Holding companies, Biography, Schwartz, Gerald

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The winning brew

Article Abstract:

Belgium's Interbrew has made a strong bid to acquire John Labatt Ltd, which has been fighting a hostile takeover offer from Onex Corp. Interbrew plans to sell of many of Labatt's non-brewing assets, such as The Sports Network and its minority stake in Toronto's SkyDome stadium complex.

Author: Willis, Andrew
Interbrew S.A.

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Subjects list: Mergers, acquisitions and divestments, Brewing industry, Breweries, Onex Corp., John Labatt Ltd.
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